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

To: joe inti who wrote (17029)	5/16/1998 3:24:00 PM
From: Doug R	Respond to of 79273

Joe, A trend line analysis of AINN shows that a new acceleration has been established and the next acceleration is on the way. This is typical of stocks that are appreciating at a parabolic rate. AINN's initial uptrend was established along the lows on 6/26/97 and 9/30/97. The first acceleration started on 9/30 and is anchored by the low on 12/30/97. That line is only touched twice, as was the initial uptrend line, is evidence that the dynamic is solid. It was this first initial acceleration that denoted a favorable supply/demand dynamic and was the trend in force when I first ran AINN through the blender. The score above 50 and the MIMBO gave me confidence that AINN is a solid stock to own. NOW what has occured is a second acceleration from the low on 12/30/97 across the low on 4/24/98. AINN is on track. The volatility is typical. That this new acceleration has the 2nd anchoring date in place implies that this line will not be touched again and a dip below 8 would be a good buying opportunity. Doug R