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

To: watcher who wrote (17037)	5/17/1998 12:27:00 PM
From: Doug R	Read Replies (1) \| Respond to of 79386

Watcher, Hopefully buyers will attempt to show some restraint Monday morning with KIDE and avoid gapping it up. The best way to do it is to wait for some dummy to sell some first before buying. It could happen. KIDE's gonna be a real contender. KITS looks like a short candidate up there with all that volume and no continued advance. KATC is going to immediately run into trouble with being truly overbought if it goes up Monday. It will most likely close lower than Friday's close. After it bases out and the short stuff has a chance to pull back and rebuild it will jump again. Wait for a lower price. The best ones only base for 2 or 3 days but KATC could take longer. The 13, 8, 8 doesn't quite look ready yet. KT, yup you're right...too early to tell yet. Doug R