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Gold/Mining/Energy : Nuvo Research Inc -- Ignore unavailable to you. Want to Upgrade?

To: john.d who wrote (6005)	11/30/2000 9:42:27 PM
From: Montana Wildhack	Read Replies (3) \| Respond to of 14101

John, It's looking good over the next couple of days. The afternoon at least was all retail and with 602 trades for 320,000 shares it sounds like most of the day was. We closed just under the 100 day EMA, our 45 day trend has turned positive, and the MACD seems to be motoring to the zero line. On the negative, the RSI and stochastics look stretched. The Williams%R is trying to break through the top of the chart. Also, the parabolic SAR started a new line 4 days ago, which is confirmed by the DMI+ cross over the DMI- which I see as starting to trend despite the dropping ADX line at the moment. Its early but I believe the new trend that's already clear on the chart and is confirmed on 3 points probably will continue for a short while. So I predict an open no lower than 5.90, the low of the day no lower than 5.70, and a high no less than 6.50 (a closer measurement looks like that's where the gap starts). If we break up with some spirit above 6.60, then I think we'll close above 7.25. If we don't, then I think we'll spend another day in the 6.50 to 5.70 range closing above 6. But, hey, I don't pay much attention to this because I'm a long term investor. <GGGG> Wolf