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To: Robert DeHaven who wrote (505)6/14/1998 6:20:00 PM
From: Manny Gugliuzza  Read Replies (1) | Respond to of 1510
 
i agree with Jonas about the sell off after the break of the year high. the reasoning makes sense but seemed to be a little over done on the sell side for all the cash heading our way. this was good for both companies. AGPH will more than triple that investment within a few years.

Bob you asked me before about candelsticks and although i do not read these that well my understanding is with the hammer down action, that occured on Friday, usually marks a climatic sell off.

these sometime follow with a intraday reversal. ie. further dip and then close at the top of the trading range.

either way heavy action is instore for us this week. i am expecting another testing of the high very soon possibly toward a wild expiration considering the options that are flying around.

good luck to all.

ar.