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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE -- Ignore unavailable to you. Want to Upgrade?

To: Doug R who wrote (696)	12/21/1997 8:59:00 PM
From: Dave H	Respond to of 2377

ARTT -- Hard to figure this one out. I'm inclined to see the entire period since june's low as a large MIM, where the October correction caused some panic selling which caused some snatching up of the stock at "bargain prices" quickly after that. The other way to look at it is seeing the BO in september and currently the mimbo is being retested. Friday saw intraday lows that violated the uptrend line from september and october lows, but just barely, and the close was well above it -- this could be the pre-breakout signal, since volume was pretty good on friday. Considering the action during the october correction, it looks like this stock has a propensity for strong shakeouts, and so I'm not as concerned about lows like friday made on big sell-off days. I think volume characteristics are showing a lot of accumulation into this stock; the entire volume dynamic changed in september basically doubling the avg shares traded daily. The 3,1,2 stochastics are trending up and had a crossover on friday. 3 day rsi just crossed over and is starting up as well. I like all of this for the short term, and once there's more definition to the mim/bo in question, I'll like it even better. definitely worth watching closely on monday/tuesday. -dave

To: Doug R who wrote (696)	12/21/1997 9:14:00 PM
From: Sergio H	Read Replies (1) \| Respond to of 2377

AAV quite a complicated deal. Just settled bankruptcy for their drug distributor division - Fox Meyer, sold their US Health Intercharge division for $4 mil., redeemed their preferred shares of National Steel for $69 mil. and now own 39% of Phar Mor discount drugstores (PMOR) 6.2 % of Carson Inc. an ethnic hair product co., 6.2% of Urohealth Systems an urology and gynecology concern, and they own and manage real estate and hotel properties around the D.C. area. So why is this stock moving up? Partly because they are through with Fox Meyer mess, partly because they have sold some assets for cash and partly because PMOR stock is doing quite well. ANLG is a software company that derives most of its income from the aerospace and defense industries in the international arena. 41% of its total revs are from overseas sales and most of that business is with Korea and Germany. In Oct. the Co. exceeded analysts' expectations of .11/share loss for the quarter when they reported .03/share and the Co's highest net income in their history. I don't think that the interest in this stock is based on one good earnings report in a row. Most of the contracts that ANLG receives are for one year duration. So what's the deal? Lots of speculation about ANLG being a takeover or merger candidate. Sergio

To: Doug R who wrote (696)	12/21/1997 9:18:00 PM
From: Dave H	Respond to of 2377

ATRO-- I see this one most probably finding 8 1/4 - 8 1/2 as its springboard, though this chart is a hard one for me to interpret so I could be wrong. Looking at the change in dynamics from the long basing period & little volume, this one is gearing up to start moving. TC2000 moneystream is showing postive flow throughout the decline in price...the action since the initial breakout out of the old pattern looks MIMish to me (of course it can't be a mim though...just the characteristics of what form a mim is what I mean), in that it seems like people piled into this stock and now are slowly selling off, but overall moneyflow is positive into the stock. 3 day rsi is still moving down, but it is pretty low right now meaning a move any day is coming. I'd look for a breakout over 10, since if this thing breaks out, it should easily clear the old high of about 12 1/2, as long as the breakout has strong enough volume. -dave