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Gold/Mining/Energy : JAB International (JABI) -- Ignore unavailable to you. Want to Upgrade?

To: Jeffery E. Forrest who wrote (2858)	2/4/1998 2:30:00 AM
From: DDS-OMS	Read Replies (4) \| Respond to of 4571

Jeffery, Most of what I'm seeing agrees with your observation. Using an optimized parabolic SAR, BCMD broke through resistance 4 days ago. Had been below resistance since 12/19. It has also broken out of a primary downtrend we've been in since the 12/10 high of 1 3/8. The 13 day commodity channel index turned positive yesterday--first time it's been positive since 1/9--and then only was positive for 2 days. There are a lot of ways to measure accumulation. On balance volume was essentially flat from 12/18 whereas the price was falling--a positive divergence. OBV has been rising sharply past 4 days. The following isn't TA--just tape reading--but seems like every time BCMD has tried to rise over the past few days, someone has been sitting on the asked, selling into and aborting any rally attempt. Don't really think there are any momentum or day traders left to be doing this--so market makers shorting--trying to hold price below $1.00?? Don't know, but may answer Eric's question of who is selling--it sure isn't those restricted shares as they are not tradable yet. If true, short covering will add to any sustained rise. Chande's Stochastic of RSI is my main man, and the long term (55 day or 11 week) oscillator FINALLY bottomed Friday 1/30 @ 7.8 (scale 0-100). Indicates start of long term uptrend. Only caveat is that the short term oscillator is at 85 and is somewhat overbought, so would expect some sideways movement starting in 2-3 days, or possible temporary consolidation. This stock better start moving up from here--or you and I are gonna have to disappear! Regards, Gary

To: Jeffery E. Forrest who wrote (2858)	2/10/1998 11:54:00 PM
From: maaad	Read Replies (2) \| Respond to of 4571

Jeffery, are you still as bullish as indicated in your following post from last week? "To: Charger (2851 ) From: Jeffery E. Forrest Wednesday, Feb 4 1998 1:01AM EST Reply # of 2951 "As to today's close....I think there must be something brewing in the melting pot. What do you think?" DEFINITELY. Chart looks EXTREMELY bullish. 1. We got a moving average crossover today AND an upturn. Fast moving average is above slow, both are on an upward slope and price is above the fast and slow averages. NICE! 2. Parabolic SAR showing strengthening of the uptrend. 3. MACD - MACD had a crossover and has issued a BUY signal. 4. DMI indicator - DMI+ crossed DMI- a couple days ago issuing a BUY signal, but was somewhat suspect because the ADX looked weak. We have since had a nice upturn in ADX which indicates an uptrending price. 5. Last and by no means least we closed above the 20Day Exponential Moving Average today. There is an entire system based on the 20DXMA. Basically a BUY signal is issued when you have a close above the 20DXMA two consecutive days. The entire candle body needs to be above this line (it was.) I can't stress the importance of this enough. We have been below the 20DXMA for a LONG time. A close above is very encouraging indeed. If we get our second confirming day tomorrow .......Yippee-tie-one-on! Take a look at a chart and run a 20DXMA on it, follow it all the way back to Oct. and you will easily see why I'm excited about this one. (make sure you use an EXPONENTIAL Moving Avg. NOT a simple one.) -------------------------------------------------------------------- PS- We continue to exhibit excellent accumulation. THREE SOLID WEEKS of strong buying as a matter of fact and the best it's EVER looked. Everything is in place for a strong breakout" ------------------------------------------------------------------------------------------------------------- Jeffery, I sincerely hope things work out for you. I do believe that there is a price at which the risk to reward for this stock makes it a buy. Unfortunately its got a way to go before we reach it.... Good luck, maaad.