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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: freelyhovering who wrote (9630)	12/25/1997 11:00:00 PM
From: Sergio H	Read Replies (2) \| Respond to of 79296

Myron, I hate to interrupt your White Texan Hanukah, herein referred to as WTH, but I've been looking over JBIL. The fundamentals look great but it is going downhill fast. The company has explained that it has limited downside Asian exposure but the hightechs have been on a rollercoaster due to the Asian monetary crises, fear of a market crash and a fear of earnings shortfalls affecting the overall market. Most high tech stocks have been in decline this week as investors did not want to hold and take the risk of another Asian sell-off. Look for divergence between the high techs and JBIL as an indicator. If the high techs are rallying and JBIL is not participating then you should bail out. If JBIL is merely echoing the general market trend of the high techs then I would advise holding as the high techs will rebound. Sergio