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

To: Tim Oliver who wrote (7407)	11/10/1997 12:14:00 PM
From: Doug R	Read Replies (1) \| Respond to of 79374

Tim, Please provide the post you reference in which I stated the price would not go under 4. I haven't found it yet. I mentioned 4 as a retest area but obviously other retest areas are in force. The key factor for my decision making is with the two uptrends that are in play. RLLY is working on either establishing a 2nd accellerated trendline or it may move back to the first accelleration. The lows from 8/26/97 to 9/5 define the first steeper line created after RLLY originally turned around in Dec. of '96. I would use a break of that trendline as a sell signal. If that line holds, it's rate of increase would represent a favorable %/month rate of return. Of course, it doesn't reach profitable levels in relation to the POW price for a couple months but if it establishes the base price for the next accellerated trendline instead of testing the current line, that would speed things up significantly. In other words, the dynamics in the chart and technicals that give RLLY its attitude are still intact. Doug R

To: Tim Oliver who wrote (7407)	11/10/1997 1:23:00 PM
From: Sergio H	Read Replies (1) \| Respond to of 79374

Tim, I should warn you that I'm frustrated with my computer, I've had four cups of coffee and I don't like answering the same question more than once. ATPX is not a reverse split. Oops wrong question. RLLY's earnings were expected to be 0. That's what i meant when I said that no one was expecting much from their earnings. As it turns out, the new management decided to sweep all the garbage out with this report...what a suprise. The recent interest in RLLY is due to the new management team, so the earnings released today should not have an impact on the uptrend. Sergio