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

To: Doug R who wrote (17563)	5/26/1998 2:28:00 AM
From: Jay Tice	Read Replies (1) \| Respond to of 79243

Dear Mr. Doug, O guru of gurus, whats your take on KNT. Looks like do or die support around 20. Is this a Demark 9 count setup? On the penny front take a look at SGT. Bottomed at .25 but recently trading at .50 to .70 on increased volume. Any targets on these two if they head north? Thanks, Jay

To: Doug R who wrote (17563)	5/27/1998 10:42:00 AM
From: James Strauss	Respond to of 79243

The Market: Doug and 56R's: We are beginning to get that slow Chinese Water Torture drip, drip, drip, of lower prices reminiscent of 1987 and 1973-74... While it can be argued that interest rates are relatively low, and the Budget will have a surplus, the Market is sending a signal that something else is greasing the skids for a correction... I moved all Mutual Fund money in Money Market several weeks ago... I've been lightening up on my stock holdings in the last week... I've even lightened up on RECY, APCO, and TAVA... There appears to be overall downward Market pressure that will take down the good with the bad... Having cash on the sidelines will allow for advantageous purchases in the months to come... Jim