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To: tech who wrote (4011)	1/14/1998 6:50:00 AM
From: tech	Read Replies (2) \| Respond to of 10786

Analysis of ALYD as of close 1/13 The upper Bollinger band is at 16 17/32 The lower Bollinger band is at 13 13/16 (The bands have tightened and indicate a period of consolidation) The 49 day avg. is at 15 1/2 The 21 day low is at 14 (which is also the support line) The 21 day high is at 18, with initial resistance levels at the 49day avg.,at 16 1/6 , then at 16 7/8 avg. daily volume ( based on a 21 day period) is at 59,000 As I indicated before, ALYD is now in a period of consolidation. Both volume and volatility have steadily decreased. Sharp moves in price tend to occur after the Bollinger Bands tighten. Since reduced volatility denotes a period of consolidation, the first increase in volatility after a consolidation tends to mark the start of the next move. Keep an eye on the support level at $14.00. If this line is broken, it could signal that the move will be to the down side. The first major resistance level is at $16 1/6, if this line is broken it could indicate that the move will be to the upside. Right now volume and volatility are the key factors. Once you see them increase, it will point out the beginning of the next move. I am looking for a possible break-out in the next 5 to 10 trading days. Once I get a clear signal I will post it. At that time we may turn the light back on. <gg>