Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS) Message Board

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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS)

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To: TLWatson59 who wrote (14363)	11/7/1997 9:24:00 AM
From: TLWatson59	Read Replies (2) of 55532

RMIL Pre open TA: Gap has not been closes at 2 1/4. Today's market action should prove to be interesting challange to both bulls and bears. Bulls - need to show support 1 3/4 - 2 1/4 area; Bears need to penetrate 1 3/4 with heavy volume. Yesterday's trading left something to be desired as far as evidence of a climatic sell off and reversal. I would have been more impressed if the close were closer to the day's high and the volume on the rally at least equal to or exceeded the early downside action. The uptrend is still intact and will remain so until the trendline now at the $2 level is broken and any ensuing rally fails to generate heavy upside volume. Good luck to all. TLW

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