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Technology Stocks : Thermo Tech Technologies (TTRIF) -- Ignore unavailable to you. Want to Upgrade?

To: Lawrence Burg who wrote (3987)	4/21/1998 4:21:00 PM
From: Tom G	Read Replies (1) \| Respond to of 6467

TT just got word that the Thermo Master Plant has gotten a patent extension for the next 20 years.This is big.The plants cannot be duplicated by anyone including Trooper. Tom

To: Lawrence Burg who wrote (3987)	4/21/1998 9:33:00 PM
From: DDS-OMS	Read Replies (2) \| Respond to of 6467

Larry, Oversold? Don't you mean overbought? Friday 8 day CCI spiked to +304, Monday it was +172, and today fell below +100 to +59---a short-term sell signal. The 8 day RSI peaked at 85 on Friday---way overbought, and fell to 74 Monday, then down through 70 to 62 today--another short term sell signal for traders. The Stochastic of RSI--8 day, 21 day and 34 day all peaked yesterday and gave a sell signal today. For others, bear in mind these are just short-term signals reflecting reaction to an extreme overbought status. Actually, any broker sitting in front of a Bloomberg terminal and who can connect the dots would have seen the very symmetrical downtrend line connecting peaks on 8/6/97, 11/11/97, 2/11/98 and 4/17/98 and advised traders to sell Friday or Monday. Keep in mind, however, trend lines are made to be broken---someday it will be broken to the upside. If you keep extending a downtrend line into the future, eventually it hits zero. The LOWER trend line parallel to the one mentioned above would hit zero on 7/9/98--something that obviously will not happen in spite of Dave A's(qwerty..) fantasies. I would hazard a guess that the next time TTRIF breaks the upper trend line it will not fall back. I'll post some Elliott wave thoughts on Yahoo. Regards, Gary