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

To: Mark[ox5] who wrote (1891)	1/26/1998 1:05:00 PM
From: Doug R	Read Replies (1) \| Respond to of 2377

Mark, There were strong technical breakouts in the stochastics and RSI as of Friday's close. The inverted head and shoulders in the chart was on the verge of breaking to the upside and the technical breakouts confirmed it would do so. The huge volume lately indicated to me that all these breakouts were occurring with very little supply and a high demand so an initial run on the breakout was likely to yield a great % move to start with and continuation is highly likely given today's volume. When 2 3/4 is taken out I expect to see something in the neighborhood of 4. Today's confirmation of the technicals makes a double very likely. If the share buyback begins in the near term, volume should not present a concern at all. Doug R