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

To: Doug R who wrote (13195)	3/11/1998 4:32:00 PM
From: Dave H	Read Replies (1) \| Respond to of 79471

Hi Doug, Hope the seminar went well -- from what I've heard so far it was a great success -- wish I could have been there...but I'm sure I'll make it back to one soon. re ACRT -- I'm sure today's action had a lot to do with short covering; like you said though, nice volume. stock buyback announced (well, only the option to do so, no definite commitment or numbers of shares...) Glad I stuck it out and even added as it went down...as long as the fundamentals don't change, ACRT seems to me like a long term hold. but...I'm still concerned about the massive sell-off that got ACRT so low in the first place. 10 1/2 seems almost TOO low for ACRT. As far as targets are concerned, I agree with your initial tech target of 16 though I'll get out before that to be conservative. ;) Though if ACRT can successfully make it past the 16-18 range, it's back to at least 25 IMO, and then, on to new highs....;) -dave