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Strategies & Market Trends : Point and Figure Charting

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To: Mr.Manners who wrote (10904)	12/4/1998 2:44:00 PM
From: Jorj X Mckie	Read Replies (2) of 34822

Hi Kasha, Might I jump in. Have a special interest in ZILA....My Dad got suckered into them about 2 years ago on the promise of FDA approval for a blue dye that is supposed to detect mouth cancer (kinda like those pills you chewed as a kid to show plaque on your teeath) and subsequently a rumored buyot by P&G. The buyout fell through and the have been promising that FDA approval is just around the next corner for the past 2 years. ZILA is at major, I mean major resistance at $9.0 (a spread quint top). If it goes to $9.5 I would start thinking that there is potential, but there is still a little resistance at $10.0. RS is negative. SLR looks very strong. JXM

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