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

To: Russ Roberts who wrote (1264)12/12/1997 12:35:00 PM
From: glen  Read Replies (1) | Respond to of 8359
 
Russ,

It certainly has started out as a gap and must not trade down to 14 1/16, which was yesterdays high, if it is to remain a gap. This would then be another continuation gap. It is an indication of market strength and tells everyone the bull trend is healthy and kicking. It is NOT negative if the market retraces into the gap, or below it. More often than not, these become buying opportunities. As far as a flag pole goes, it appears that the flag is still being hoisted up.

regards,
glen



To: Russ Roberts who wrote (1264)12/12/1997 5:42:00 PM
From: glen  Read Replies (2) | Respond to of 8359
 
Russ,

Today's action confirmed another "gap up" whti yesterdays high of
14 1/16 and today's low of 14 3/16. Multiple continuation gaps are a sign of great strength in a trend, representing great demand for the shares. The way to view this action is as a confirmation that the ABTX business plan is being successfully implemented and Wall Street likes what it sees.

regards,
glen


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