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Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!! -- Ignore unavailable to you. Want to Upgrade?

To: Secret_Agent_Man who wrote (10506)	6/2/1998 3:26:00 PM
From: ChartMan	Respond to of 50264

Aye-Aye. Report on your "desk" by 19:00.

To: Secret_Agent_Man who wrote (10506)	6/2/1998 3:28:00 PM
From: CWolf	Respond to of 50264

Hi Rocketeer1 A bit of trivia for the thread - Since you started this thread on 4/26/98 there has been an average of 275+ posts a day to our present total ~10500. An amazing amount of prognostication wouldn't you say?

To: Secret_Agent_Man who wrote (10506)	6/2/1998 7:12:00 PM
From: ChartMan	Read Replies (3) \| Respond to of 50264

Full TA report as promised. CLIK now if you don't like "voo-doo" For starters, today was another step back towards the 20 day Moving Average (MA) of $6.75. This is significant because we haven't been UNDER the 20 day MA of this stock for extended periods of time. The Parabolic SAR (stop-and-reverse) indicator gave a sell signal on 5/14 when the stock broke under 7.00 (this was the only sell signal on DGIV). The latest buy signal was on 5/27 when DGIV closed at 7.00 having run up from the 5/21 close of 6 1/8. The SAR still shows a buy and got even stronger with today's movement. If you could see the SAR indicators I have on my screen, you would see that it's quite reliable. It does not call the EXACT top or bottom, but it does tell you when to pay attention and gives guidance. The On-Balance Volume has drifted downwards since the 5/4 close at 8.00, but the overall level is still MASSIVE (in excess of 10 million shares). Pull up a 50 day chart and you can draw a straight line from 4/20, 4/27, 5/21 and 6/1. This is the support level for DGIV ($6.00). Pretty impressive for a stock that closed @ 3 bux on 4/1. Resistence (which I have been told by Cititude is "futile") is at the 7 dollar mark. We tested that on 5/27 and did not break thru. Were getting ready to test that bad boy again. Maybe we'll get it, maybe we won't, but we have drawn the lines in the sand. There aren't too many stocks you can own which can do this manuever. SO WHAT DOES ALL THIS MUMBO-JUMBO MEAN? I see a stock that has run up "like a rocket" from under a buck and is re-fueling at 6 bones. This is a very healthy chart for a fast mover. Move up. Build a base and move on again. Sprinkle in a little fundamental info, add some float control and a pinch of news. Presto. Onwards and upwards. I have previously defined the TA stuff in one of my other posts. PM me if you need that post #. I am working on a second "educational" TA post. Hope that helps. I will answer questions and I welcome comments. Remember.... This is just my read on things. -chartman out.