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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Densiebj who wrote (38581)	2/19/2001 2:56:42 PM
From: Doug R	Respond to of 79535

Hmmmm...D, Now you've made me thirsty...lol ABV on that test of the 50 looks good. This price on SAM is where it tends to run into trouble. There's a double top here. Probably about to become a triple top. Doug R

To: Densiebj who wrote (38581)	2/19/2001 3:57:16 PM
From: Doug R	Read Replies (1) \| Respond to of 79535

D, Not beverage related but 3 others that are pondering the 50 retest thing are CLGY, RGEN and CYBR. MHMY kinda, sorta looks like it could continue the initial move off the 50. KEI's 50 started a downturn...the retest appears to have been too harsh for it. PMTC is an interesting consolidative bottom relative to its 50. As a rule, I don't like anything after the 2nd test unless the chart has other longer term aspects in its favor. PMTC's chart doesn't really have much of that but the last 3 closes in the upper half of the range make it compelling. Doug R