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Gold/Mining/Energy : JAB International (JABI) -- Ignore unavailable to you. Want to Upgrade?

To: Jeffery E. Forrest who wrote (1751)	12/1/1997 1:36:00 PM
From: DDS-OMS	Read Replies (2) \| Respond to of 4571

Jeffery, Using Gann, support was at 7/8 (now obviously broken). Next Gann support is at 9/16. Actually would rather see heavy vol on selloff rather than slow erosion--may get it over with quicker. Parabolic support was at 1.15, linear regression bottom trend line was at .96--so both of these broken and of no further use now. Interestingly, Elliott wave is still wave 3 up, and with forming wave 4 retracment, has to hold above the wave 1 high (June 3rd @ .625) to be still considered in a 5 wave uptrend. If it breaks .625, will void the 5 waves up and call it an ABC corrrection. Even though the next Gann support is at the wave 1 high, it's coincidental.