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To: dexx who wrote (3979)2/25/1998 1:08:00 AM
From: art  Respond to of 27968
 
Dexx and all:

Just got in and down loaded some chart info. NOT BAD.

The info supplied here is based on a twenty one day daily average and is somewhat uplifting in regards to what may occur. IMO, and is only printed for some thought with your coffee in the AM.

The analysis of the rate of change of the exponentially smoothed average price suggests that a cycle bottom is forming for this equity. The rate of change is rising indicating that accumulation is now taking place. This is a bullish reversal indication that an uptrend may soon start.

The closing equity price has reached a 21 day low which is not confirmed by an equivalent low in On Balance Volume. This is a bullish reversal that indicates prices could turn shortly and start an upward movement.

The closing equity price has reached a 21 day low accompanied by a positive Volume Accumulation Percentage. This is a bullish non-confirmation which often indicates a price reversal to the upside. The accumulation indicates that at these prices demand exists which could cause a price increase.

Remember there are a lot of indicators and they can turn on a dime, BUT we also have a good fundamentally Business growing on a daily basis.

Still Positive.....Listen to the Tape.

Art