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To: Beachside Bill who wrote (14048)	4/26/1998 2:49:00 PM
From: Beachside Bill	Respond to of 53068

Another possibility w/o going into TA are INDGF if it holds it close on fri. Any comments? JMO

To: Beachside Bill who wrote (14048)	4/28/1998 10:08:00 PM
From: DanZ	Read Replies (2) \| Respond to of 53068

GBL, DEZI, INDGF, VLSI, T, APM. Bill, Some feedback on your picks and some thoughts on a few of mine. GBL: Chart looks good but with resistance at 5 3/8 and support at 4 3/8, it doesn't have the risk to reward that I look for. DEZI: Broke out on the daily and weekly charts and I think there's a good chance that it will trade up to 13 1/2. The only problem is that I prefer to buy stocks that are trading closer to support over those that have already broken out. INDGF: Upper bollinger rising, good money flow, but trading too far from support for my taste. Resistance 6 3/4, support 5. Personal trades today I took profits in VLSI today, selling my entire position at 20 15/16, 20 3/4, and 20 11/16. I had planned to hold the stock with a target of 24 but chickened out because it was trading up over 1 and the Nasdaq started losing momentum. The stock rallied strongly into the close and finished at 21 7/8 with trades at 22 after hours. I still like VLSI but thought it was prudent to take profits and move the money into stocks that are trading closer to support. This is especially true given that a large percentage of my portfolio was in this stock. I bought it at 18 15/16, 19 1/16, and 19 1/8..also made a total of 1 1/2 points selling covered calls against my position on three trades. I will probably sell the Z's position in VLSI tomorrow. T: I bought T at 59 13/16. The stock is trading below the lower daily bollinger band but is trading right at the lower weekly band where it found support yesterday. If the lower weekly bollinger fails to support the stock, then I think there is a good chance that it will fall to about 56. The daily stochastic hasn't been as oversold as it is right now since at least May 97 (that's as far back as my daily chart goes). In addition, the lower weekly bollinger band is sloping up and I think this increases the chance that the support will hold. APM: I bought APM at 10 3/8. The stock is trading at the lower daily and lower weekly bollinger bands. I think it's critical that APM hold 9 5/8 or long liquidation could pressure the stock to about 8 1/2. However, with resistance near 12 1/4, the risk to reward is very good.