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Strategies & Market Trends : Charts With An Attitude; Trading In & Out

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To: James Strauss who wrote (4292)	12/10/1997 3:42:00 PM
From: Bob&Carolyn	Read Replies (1) of 4701

Jim, What do you make of ONPT? It's been doing a nice gradual climb over the past few months. I bought in last weeking thinking it looked ready for it's next little climb. Then all of a sudden yesterday it jumped down on good volume: iqc.com and it's down another quarter so far today on HUGE volume! quote.yahoo.com It sure seems to me that the uptrend has been decisively broken, and if I've read Weiss correctly I should be jumping ship. However, after the mini-crash in October ONPT rebounded beautifully. I searched for negative news and found only their last quarter's report that was very positive. Do you think it's just the Asian flu you mentioned above, or can you see something in the TA that I'm not? I'm kinda confused. Any comments would be very much welcomed. Carolyn PS Pneumonia sounds awful!

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