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

To: Dick Jaffe who wrote (8585)	11/30/1997 5:56:00 PM
From: Christopher	Read Replies (1) \| Respond to of 79365

MACD-Histogram is perfect for QUST. The MACD-Histogram shows that Bulls drove the price of QUST from $7.50 to $9.68 in the first two weeks of October. After that the Bears took over and drove the price down to $7.37 during the course of one month. Right after that the Bulls took over again and drove the price up to over $9 now. The MACD-Histogram has two double bottoms below the zero line with the second bottom being less then a half of the first one. This is a very positive sign for QUST. Below the zero line is when the Bears are in charge and the double bottom shows that they ran out of steam. The last week of the MACD-Histogram is above the zero line showing clearly that the Bulls are in full charge now. Mr. O'neil, the founder of IBD, recommend charts with double bottoms. QUST has the double bottoms which is clearly displayed in the MACD-Histogram. QUST right now has one way to go and in my opinion that is UP!