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Biotech / Medical : IFLO is Breaking Out -- Ignore unavailable to you. Want to Upgrade?

To: James Strauss who wrote (842)	3/4/2000 6:57:00 PM
From: Sergio H	Read Replies (2) \| Respond to of 1018

Hi Jim. You beat me to the punch. The short term technical picture has improved as the price has moved above moving avgs. It was looking a bit scary there since mid February when the long term trend was violated. Over the next few sessions we are likely to experiense additional positive technical feedback as the avgs. follow the price. For example, right now, the 10 day MA and the 50 day MA are equal (3.83) and .10 cents under the 200 day moving avg. With the price remaining over 4, the short term avgs. will cross over the long term avgs. You mentioned MACD bottoming out. Take a look at one of your favorite indicators, Money Flow, turned positive on Friday. Stochastics are also signalling oversold. Sergio