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Strategies & Market Trends : Wire to Wire Daily Stock Picking -- Ignore unavailable to you. Want to Upgrade?

To: Katie Kommando who wrote (2308)	7/26/1999 9:12:00 AM
From: Jeffrey L. Henken	Respond to of 3514

>Hey, Jeff . . . you said you like the charts on three, one being GAAY. Are either of the other two MGHC, PHLB MAGN or MRTO? Also looks like MRTO really moves on small volume.< In the 10 cent and under category I felt that the charts on both WACI and SLCTY looked very good based on some of the investment parameters I discussed last night. I would advise caution here on WACI because the spread was too large at the close on Friday. On SLCTY I love the chart as it looks like there is a solid base here and the bollinger bands have constricted for a long time. However SLCTY is in bankruptcy proceedings. Short term if it starts an ascent SLCTY could be a nice winner. In the 10 cent to $1 category CMEC began a strong breakout on Friday ignited by the MSFT rumor. How long will that continue? GAAY has regrouped and resumed a strong uptrend. STRU has been strong for quite a while and an analyst report suggesting the stock would be $2 in the future did not hurt at all. I really like the PHLB chart too but it might just take a couple good press releases to drive the stock as it has been consolidating. MAGN had a strong move on Friday and there is more room on the upside if buying continues. MRTO... well that's a favorite of mine but as you can see my name does not appear on the winner's list....yet!!! I guess I could find something of merit to say about nearly every stock entered. Now we'll just have to see how they run! Thanks, Jeff