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To: T-Lo Greens who wrote (968)	12/5/1997 4:47:00 PM
From: David M.	Respond to of 1373

Tony ,The close today above the 52week is good but it is not validated until it closes above that 11.00 mark.I do believe though that it is still on track for 15.easy.I did a quick look at GLM,It has been selling off until today but the volume is down on it.I,m not sure were you get the info on the contract but if it is really good news then you will see a short turn to the up side.I am not that impressed w/ the Chart.It does show support at the 26.level and at 19.These were the two highest accumulation areas recently(Within a 6mo.time frame)Also one thing I should point out is that the Markets in General and historicaly speaking do very well in Dec.A lot of Analyst's said because we had an early rally this year it may not happen again but so far Dec looks to be heading straight Up.I personnaly think we could see the Dow hit 8200 again this year.The reason I mention this is TA Can be thrown out the window to some extent at this time of year as emotions and news take over.Well thats it here folks .now I will return you to your regularly Scheduled Program. Regards David