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

To: Dave H who wrote (9901)	12/31/1997 11:46:00 PM
From: Ken W	Read Replies (2) \| Respond to of 79227

Dave, Doug, Sergio, Myron, Cary, Mike Hodge, Ivan, Instock, Carole, Peg, Sandra, Ocote, Old Hack(where ever you went) Joe, Oshanl, David. Oh heck, all of the 56's, Swat's, 72 hours, 99er's etc. Jeez has all of this happened in 1997? Here's to more of the fun in 1998, an up market and if it's not up...Short it!! Let's make some money! Ken W

To: Dave H who wrote (9901)	1/1/1998 9:14:00 AM
From: Ocote	Read Replies (1) \| Respond to of 79227

these last few weeks for me have been dismal Dave, You are not alone in this department. I have done poorly as well, but mainly because I did not know how to interpret or judge information presented to me, thus made bad mistakes. I feel I'm turning the corner, and am confident you are as well. Here's some new ideas that look interesting to me. They are not quite as small and thinly traded as some mentioned on this thread, but I think they may follow some of the principles discussed at the seminar. I have only looked at charts on them, no TA. MHO---Old high of 18.5 in 1993. MIMBOed in july by breaking the intermediate high of 12 1/2 and now has become a cup breakout by breaking 18 1/2. Now 18 1/2 is the new base. It could stay stable for a long time just under 18 1/2(cup and handle) or continue breaking out on volume. BOM Historic high of 5 5/8 in October 1993. MIMBOed in May 97 by breaing above 2 1/4. It's trying to break 3 and if it does, it will go higher, possibly to its historic high. SPCH--Historic high of 9 1/4 in 94. MIMBOed in October(no crash here); stair-stepped up to just below 5. ENSO--High of 4 1/16 in 7/96. Low 1 3/16 4/9/97. Stair step in July and August. Digesting October Crash. Now broke 3 on high volume closing there. ADK--High 7 3/8 in Sept 95. Low 1 9/16 on 5/21/97. Higher low 10/28. Now making a run at 3 on volume. BGN--After broke out from historic high of 5 to 6 1/4 on 12/1, it has formed a near-high tight flag(though didn't double). INEL--One year long cup and handle. Up on high volume on 12/31 to 5 9/16 on >200% normal volume. Break out is 5 5/8. (Historic high of 28 !!) JLG-- MIMBO in Sept but then October malaise set it back. Now has broken through long term downward resistance dating from a high of 29 in 4/96. If you have time take a look. If not, enjoy the day off. Here's to smarter investing in '98--we'll need it. Ocote