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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells
BLDP 2.655-0.9%11:22 AM EST

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To: Anthony Damato who wrote (2974)8/3/1998 2:21:00 PM
From: Greg R  Read Replies (1) of 5827
 
AD - The chart is available on INPATHIQUE's Private examples pages. You can request temporary access from their public projections page at members.home.net

As you know, Ballard has been following a small bear-run. INPATHIQUE Analysis has discovered at what point the Trading Computers of the Institutional Investors will say it has gone too far and will force the price up and over what INPATHIQUE calls a First X-over point. These are normally very precise points which are predetermined by looking at how the stock's price has behaved in the past relative to INPATHIQUE rules. In this particular case, there are two points marked X1 and X2. One of those is in violation of INPATHIQUE rules. They suspect X2.

What is known however is that the price will rise up and through the First X-over on August 25 (+/- manual drawing errors which should be less than two trading days.) That price is $43 to $44.50 and there is a good chance the price will pass up through both prices at that time as the Trading Computers themselves will not be able to figure out which price is correct for that day.

The price will then rise a little higher and then the bear run will continue.

The stock's price has been following up the predicted path it would normally take with above average precision. The example shows a number of Ghost and Trans-set lines which influence the direction the stock's price will take and how long the Bear-Set will last, but unless you have studied INPATHIQUE Analysis they will unfortunately be meaningless.

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