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Non-Tech : GTAX - Gilman & Ciocia, Inc.

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To: Judith Weintraub who wrote (123)2/4/1998 1:02:00 PM
From: Doug R  Read Replies (1) of 184
 
Judith,

That line that stopped it at 11 on Mon. Stopped it again today. The line trends up so each time GTAX hits it, it will be higher. It's a very strong type of line and usually calls for a RADAF or ABTX type pullback once it comes into play. If you note how RADAF and ABTX recovered well after the pullbacks they had you'll get a better idea of what to expect if GTAX does so. With that SEC rule in place on GTAX, it might react to the line differently so who knows? I'm still waiting in ALSC for GTAX to react. Behave yourself until I get back!

Doug R
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