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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: MJ who wrote (5139)	2/20/2005 12:41:18 PM
From: Vendit™	Respond to of 8752

Good afternoon MJ, I’m sorry to hear about your dreary weather. It reminds me of the four back to back hurricanes that hit me this past summer. Constant rain, high wind and long periods of no power. Re: MLNM 139.142.147.218 Short term indicators show that MLNM is very mature in its cycle up-trend. William’s %R and fast stochastic show me this. There are NO sell signals or signs of any at this time so it is a hold. I would expect MLNM to find some resistance at the 20- EMA which happens to be its closing price on Friday. I would expect it to move sideways to moderately up on Monday and Tuesday as it tests the 20-EMA and tries to break through. Longer term, meaning during the trading week expect it to top out somewhere in the neighborhood of $9.25 to $9.40 and then begin a retracement to lower support levels.. 139.142.147.218 JMO Reid