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To: Ronald P. Margraf Sr. who wrote (4874)2/10/2000 12:48:00 AM
From: Ronald P. Margraf Sr.  Respond to of 18222
 
Hello All,

Well we made it through another "BLOODY WEDNESDAY". So this is an update as far as the T/As go and my take.

Short and bitter:

The VOL. is decreasing. Now that can be good and it could be bad. Looks like a lot of the day traders have gone to another one.

Price: Well we can all see that this is on the downside.

Price/Vol. Momentum: Now that still looks good. For how long is hard to say. If that one turn in conjunction with the rest, then HELLO 60.

MACD: Now that has decided to go to Mississippi or should I say South Florida.

Directional (ADX/ADXR): We definitely have more sellers then buyers. In other words, the price is being pressured to the down side.

Stochastics: They are on one the upside so I would expect that the price of the stock is fairly price at is current level. Meaning that it might start trading sideways and that is good.

So there you have it folks. Could we see 1.21, maybe, could we see 2 hard to say. Will my 3 by the end of this month come true????? Hard to say. It is all up to the company right now. The ball is in their park and we will have to wait and see what they do with it. They can try to ---- it and find out there isn't a hole or they can throw it and get a touchdown. So it is up to the few and the mighty.;-))))

Now what I will tell you is this. I have two positions in this company. I have a holding position and a trading position. I have sold my trading position but still have my holding position in tact and I hope to keep it there. I can't argue with the T/As. I have to take some profits before this goes down if that becomes the scenario. So folks I haven't lost faith, just doing business. Hope you all understand?????? Now what I will tell you is that my holding position is considerable so don't take this post the wrong way. Just trying to generate cash to buy some more gems in the rough and there are plenty of them out there.;-))) So on that note I will bid you all ado.

Catcha all on the upside,

Ron