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Microcap & Penny Stocks : ABTX - Agribiotech -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Miller who wrote (1056)	12/4/1997 4:41:00 PM
From: glen	Respond to of 8359

Miller, On 11/19/97, reply #983, I said,The next close above 10 1/2 should signal the resumption of ABTX's climb to new highs. Well, yesterday gave us that close and today that climb to new highs has begun. We have been consolidating since 10/10/97, and legged up into new historical highs today with a significant amount of volume. This is bullish action. In addition, today left a gap from yesterday's high of 10 11/16 and today's low of 10 3/4. Gaps are bullish, (even if it's a tiny gap,) and often indicate the beginning of new moves in the direction of the gap...which means up and away for ABTX. Any move now between 10 and 11 will see good support, IMHO, and I would welcome such a move as an opportunity to add to my position. There will be no hard drop from these levels, (once again IMHO) for the rest of this year. Todays action is confirmation that the bull trend is intact, and let's not forget that cliche, "the trend is your friend". regards, glen