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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Duke who wrote (12701)	2/25/1998 4:49:00 AM
From: Doug R	Respond to of 79281

Duke, It depends on what you think of as "soon". AMVC has put in quite a bit of work recently and will probably need a bit of a breather here. The most recent uptrend is still intact and there's another one below it. If it breaks below the most recent uptrend, I would expect another bit of acceleration to occur off a new "anchoring point". Like Dave H said, it's a MIMBO so it should return to its old high. As it does, it will go through at least a few accelerations. The thing is, soon comes sooner to some than others. I know this is a terrible answer but the chart formation that AMVC is following falls along the lines of one to be patient with. Doug R