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To: Manny Gugliuzza who wrote (196)2/6/1998 7:54:00 AM
From: Manny Gugliuzza  Read Replies (1) | Respond to of 942
 
news:2/04/98>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> new clinic opening in Baltimore due to such high demand for procedures in this city they opened a satellite.

ar.




To: Manny Gugliuzza who wrote (196)2/6/1998 7:13:00 PM
From: Manny Gugliuzza  Respond to of 942
 
although short term steep downtrend line has been broken yesterday and traded clear away from today, this must be perceived by the majority of larger traders.

i am not convinced to commit new funds here due to trailing volume.
it appears to be more a lack of selling than real aggressive buying.
we are drifting up as volume drifts down.

the most convincing trading moves are at 300,000 shares per day now.

i think the reason for this is overhead resistance from buying too early on the way down and summit sellers that did not sell worried about further drop looking to sell.

on the positive and could be very strong monday is the close today above the 20 day moving average. however the 10 day did crisscross.

was 3cents yesterday to 5cents by pm close then back to 3cents this pm
close. this is very close and if we are going to miss a breakout by 1/32 we will know by monday.

with a little more cautious type of buying going on now i am only looking for and approach to the 50 day ma but i definitely want to be holding this stock again with a close above this point which coincides
now with the upper bollinger bands( 5-7 days).

with any increase in volume this could come at once and really needs to for confirmation of breakout and return to test 100 day moving average.

good luck it will be very hard to pick next sell point.

ar.