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

To: TheInvestor who wrote (8069)	11/20/1997 7:43:00 PM
From: Instock	Respond to of 79449

Ben: It has been GREAT being in RECY. I have been in and out several times. Glad I was in this time around!! RECY is a very good stock with great growth potiential. Glad you made some $$$ on RECY too. Scott

To: TheInvestor who wrote (8069)	11/20/1997 8:29:00 PM
From: Instock	Read Replies (1) \| Respond to of 79449

INNOVEST CALLS INFO a SELL/ Short Sell INFU: INFU has been up strong for the past week and more. The Chart shows the stock VERY OVERBOUGHT. Friday is a day that stocks that are up allot, tend to have profit taking. The fundamentals on INFU are not good at all. The stock cannot support its current over price condition. If the US Markets are hit with Profit taking, the fall from the current 5 1/2 down to the $4.00 range could be very fast! I like INFU for a good Short Sell. Bought on Margin and being a low cost stock, a person can Short Sell MANY Shares. Watch the US Markets closely Friday. There could be some strong profit taking after a week of good gains. If the US Markets do get hit with profit taking, INFU should get hit hard. INNOVEST INFU-TECH INC. (INFU) CLOSING PRICE ON 11/19/97 - 5 3/8 TECHNICAL OPINION - FIRMLY BEARISH THE INNOVEST RATING IS TO SELL THERE ARE FIRM TENDENCIES FOR A NEAR-TERM PRICE DECLINE. INITIAL DOWNSIDE SUPPORT CAN BE EXPECTED AT 3 33/64, NEAR THE 50-DAY PRICE AVERAGE. UPSIDE PROJECTIONS FOR OVERBOUGHT ARE 4 3/8 TO 4 43/64. ( If they call 4 3/8 OVERBOUGHT, what do they call current 5 1/2? ) Good Luck to all !! Scott