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

To: ACAN who wrote (16743)	5/13/1998 3:06:00 AM
From: Doug R	Read Replies (1) \| Respond to of 79270

Allan, LUST is at the initial point of a MIMBO. The tricky part here is, will it retest or just take off? If it just takes off, it will run like crazy. If it retests, it will be a situation to stalk for movement on volume. It's at the point now where volume is very critical. A good move on volume will set up a 14 month (at most) target of 8. Not too shabby, I'd say. LPAC has an 18 mo. target of 6. I'd wait for a major pullback and buy on a breakout from there. BASEA looks more like 1 than 10 to me. Doug R