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Gold/Mining/Energy : Armchair Analyst's Club (T/A & Fundamentals)(Pennies)

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To: Ronald P. Margraf Sr. who wrote (24)6/7/1997 11:10:00 AM
From: floj   of 82
 
Hi Ron:
Sorry for having to be so short on JOT and NNS yesterday, I was posting in a rush before I left for the day.
Net Nanny: Looks good, does not appear to be overbought yet, trading snuggly along the upper volatility band, indicating trend will continue, OBV looks good. Long term chart indicates possible resistance at 2.00.
I could be wrong but I believe its good for 2.00

Jot It: I find doubtful, one positive is it's price has remained above the MA, could be good for one more run , some good volume has to come in and price starts pulling away from its MA. I would not expect the next rally up to surpass the most current high. OBV has weakened considerably, too much selling went on in the downtrend move. I'm guessing here, but if it does move from here probably see a runup to 1.90 level and more selling coming out.

Til later
Flo J

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