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To: Andeveron who wrote (25740)6/16/1998 3:54:00 PM
From: lightfoot  Respond to of 34592
 
There are some sellers, but we are in at a safe point IMHO, look back at the last year at big charts bigcharts.com
Play around with the volume indicators and you will see that most of the volume has come in the $1-$3 range, there are some people who bought at $5-7 that may be discouraged sellers. It looks like the recent low was under a $1 in late April and then rose until shortly after the 15th of May when a large sell that looked like the 144's were sold at $1.50 to $1.75 and it leveled off just under $2, until the last five days where is has risen steadily on average volume. The 5 day downside range looks to be about $2 1/8, where there was alot of volume recently that may be selling for a quick pop. After a wave of daytrader selling there may be another good entry point IF news is delayed. I'm in !