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Strategies & Market Trends : Charts for Quick CASH $$$

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To: Galirayo who wrote (5581)	1/9/1998 3:31:00 AM
From: N/E PATSFAN	Read Replies (3) of 9262

[ LOGs ] Or notes from an insomniac ! Ohhhhh, So Rainier's the one who scooped up all the LOGs and left us with no wood for the fire. Wishing I had doubled down with STRR but glad to be along for the ride. GNLB had a nice paper umbrella tonite signaling a reversal....question is, reversal from a short term up move or longer term down move....looks like a saucer pan bottom. ALSC made a few lists tonite...if the chips rally this one's cheap and (fab plant in Taiwan is said to be worth $9/share) the chart is starting to improve. BTW, their Asian exposure should allow them to mfg at a savings as long as demand remains.MU had nice rally today on hugh volume...good indicator to follow. While waiting for NSIX to rally I've been reviewing ACYT, NPTH, CYTC and ACMI. CYTC which has been gaining widespread acceptance is awaiting approval for a rate increase from $7/slide to $27/slide for their new LBP (liquid based prep - the only FDA approved technique so far) process according to a story in the Boston Globe. That should have a profound affect on their bottom line and possibly ACMI's who is providing new slide mapping for this process. ACMI provides the same service to ACYT but their process is still awaiting FDA approval. Any way....the point is...ACMI has rallied from $1 to $2 and should be having a pullback soon...a good buying opportunity in MHO and a nice hedge to NSIX. PLC s/b getting word soon from FDA re their heart laser as an alternative to bypass surgery. Chart is starting to look better and insiders s/b hearing something soon. There's a hugh gap to fill on the upside, sure would like to buy on the news or sooner if the the charts can predict. Finally, here's one to go along with KKRO as far as NPL's are concerned...GOTK (yow!!) Can this baby go any lower without a dead cat bounce soon ??? Thanks for listening, I think I've tired myself out now...goodnite! NEPF P.S. If the Pats hadn't lost to the Steelers at home during regular season by a field goal in ot and if Terry Glenn (an Ohio State alum) wasn't so brittle, I'd be going to a football game this week. Here's hoping that Elway meets Favre...cheers!

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