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Strategies & Market Trends : Charts on Near Term Uotrends -- Ignore unavailable to you. Want to Upgrade?

To: arnie silver who wrote (745)	12/22/2004 10:47:50 PM
From: Jibacoa	Respond to of 1404

Hi Arnie, Re: CPTC I am glad you had a nice profit on it. As you know, that is a very speculative situation. The company's cash position is rather precarious, it has no revenues and its loss for the 9 months (Jun.) was up to $8.5M from $3M in 2003 The insiders reportedly hold close to 40% of the shares. I don't know anything about their ACCC (Aluminum Conductor Composite Core) cable, so I don't have an opinion about its possible merits. From a TA standpoint the stock looks overbought. The nearest support is at 5.75 and then at 5.02, 4.85, all the way down to the more important looking one at 3.45 The stock is trading at its all time H. Its nearest resistance is today's intraday H of 6.36 bigcharts.marketwatch.com If you like speculative stocks, take a look at CMQ. They recently announced plans to develop a 160 Megawatt Wind Farm in China. They have close to $0.50/share, there are less than 19M shares out and insiders reportedly hold around 27%. I bought some at $0.45 biz.yahoo.com bigcharts.marketwatch.com bigcharts.marketwatch.com RAGL Bernard