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Non-Tech : Amati investors
AMTX 1.470-5.8%Dec 12 9:30 AM EST

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To: Galirayo who wrote (8010)1/5/1997 1:28:00 PM
From: donald sew   of 31386
 
To thread,

Some of the technical indicators I use are showing that AMTX my gap up sometime during this run 1-3 points. Im working on this new indicator - hopefully it may be able to hint as to how long a run may last. Its in test stage so I dont know its reliability.

For AMTX, it appears that Friday was day 2 of a 4-5 day run. Not all days in a specified run will be up - some maybe slightly down or flat. Flatness appears to happen at the end of the run.

However, for AMTX to pop another 1-3 points, possibly in one day, it will require trading volume of at least 1,500,000.

My suggestion for those trading AMTX on a short-term basis - if it does pop 1-3 points, get out - that will be the end of this run. That is not to say it will not continue up later.
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