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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Oral Roberts who wrote (67561)	10/23/1999 10:19:00 AM
From: stan s.	Respond to of 90042

ATML, hi Jeff. The good news on this stock is coming at the right time. It's been forming a potentially very nasty looking chart. A bullish harami (inside day) a couple of days ago combined with Friday's jump give it a new opportunity. It is still not yet the kind of chart that I look for...but in this case I'm leaning towards letting the very positive tone of the momentum indicators take precedence. All of them look very positive...nice money flow as well. I seldom let indicators override my view of a chart's flow (meaning I like to see trend line breaks or predictable bottoms in place). Take out 39 and 42 and this could fly. The NYSE and Dow both face tests this week to determine whether the past few days have been a head fake or a sustainable rally. Good luck. Stan