AMERICAN BIOMED, Minimally Invasive Technology (ABMI) Message Board

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Microcap & Penny Stocks : AMERICAN BIOMED, Minimally Invasive Technology (ABMI)

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To: Jeffrey L. Henken who wrote (1359)	6/25/1998 11:44:00 AM
From: Bill Fortune III	Read Replies (1) of 2887

Jeff and all ABMI'ers who believe in charts and what they are trying to tell us, take a look at the one below: In my opinion they are saying ABMI is on its way up-up-up. But you must be the judge! This chart does not take into account today's (6/25/98) movement. MOMENTUM INDICATOR (BOTTOM 1/3 OF THE CHART) The Momentum indicator measures the amount that a security's price has changed over a given time span. The Momentum indicator displays the rate of change as a ratio. The Momentum indicator can be used as a trend-following oscillator or as a leading indicator. Used as a trend-following oscillator, technical analysts typically buy when the indicator bottoms and turns up and sell when the indicator peaks and turns down. If the Momentum indicator reaches extremely high values and then turns down, you should assume prices will probably go still higher. chart4.bigcharts.com Bill Fortune III

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