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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 (17145)5/19/1998 2:38:00 AM
From: Doug R  Respond to of 79342
 
Watcher,

I have a bit of dry powder to acquire more ELGT upon a successful break above 4. During the wild and wooly days in IFCI, I coined the term, "hyperaccumulation". I believe that is what ELGT is experiencing here. It does NOT mean the stock will go ballistic immediately but there is a great chance that it WILL go ballistic sooner than not.

Doug R


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