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Strategies & Market Trends : Prosoft Software (POSO) -- Ignore unavailable to you. Want to Upgrade?

To: JERRY GACH who wrote (28)	4/22/1998 11:32:00 PM
From: Mike Medford	Read Replies (1) \| Respond to of 90

Norm and Jerry, Look for a pop in POSO in the next few days. The chart pattern has put in a bullish pennant. The break out from this type of formation is normally up. Additionally the MACD and stochastic's are going into a diverging formation which is extremely bullish. Considering the large volume increase with these indications, I think we have a short and long term 10 bagger. I've placed a buy stop at 7.0625 in hopes of catching the break out. Best of luck! Mike