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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (22831)	3/10/2000 1:22:00 PM
From: Alan Smithee	Read Replies (1) \| Respond to of 63513

take a look at the 5min bar for ESPI. Do you see anything in it? What are you seeing JXM? I'm not much of a bar chart reader.

To: Jorj X Mckie who wrote (22831)	3/10/2000 2:05:00 PM
From: John Pitera	Read Replies (1) \| Respond to of 63513

ESPI has got pretty good support at 14.50, and then strong support @ 13.50. the volume is getting lighter on the daily chart, and it's giving a momentum divergence. it had a high last year @ 17 in the neighborhood of yesterday's high and it has overhead resistance from 18-22 from 1998. so this on balance this tells me that we may be in an overall topping area, particularly if we have one more sluggish runup to 17 or 17.50. Unless there is major good news coming out on the company. on the 5 minute chart it's going up on light volume today compared to the last 5 days. I'm long this from 13 and may bail out and find a less conflicted situation. So watch this rally imo thought: ARBA upped to 450 by SSB CLRS upped to 250... note to self buy CLRS, would love a pullback what your BSL??