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To: Broken_Clock who wrote (9767)	1/26/1998 3:22:00 PM
From: Rob Hinton	Read Replies (2) \| Respond to of 95453

To: Thread Subject: DO, TA, Possible reversal, ?'s DO also looks like a breakout is possible soon. Need some of you real TA gurus to help me out here. DO has also failed to make lower lows even with the gap down last week. In fact, the two most recent bottoms have an upward bias to it. A wedge pattern is also appearing (I think) between the peaks of early Nov. and last week and the lows of Dec. 1, Mid dec and a week ago. Momentum also appears to be very telling. It has a strong upward trend from late Nov. All this sounds bullish to me. If we get a breakout the theory says we will retrace to previous highs at the start of the decline. !!!!! And in about two weeks no less. !!!! I'm using a chart from http:www.bigcharts.com, 6 month interval, candlesticks, 45 day ema, bollinger bands and 12 day momentum indicator. The major trend is still down but if all the above holds we should have a breakout within the next week. So, all you guru's help me find the error in my reasoning. 'Cause it sure looks good to me! Way too good if you know what I mean. Thanks in advance Rob