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

To: Matt G. who wrote (19479)	7/16/1998 10:24:00 AM
From: Doug R	Read Replies (1) \| Respond to of 79270

Matt, It's hard to say if ANRG is a MIM yet. It may just be in the process of still setting it up. Volume looks decent. Are you using 5/29/98 as the reference high and 6/15 as the reference low? It's a bit difficult yet to say that the 7/13 high is the top of the MIM. You may find that a significant pullback could occur which would then "create" the major dt line at whatever the top of the current move is. A MIMBO is not really a hard right edge of the chart kind of formation. If the 7/13 high really is the top of the MIM, there should still be plenty of time to track ANRG and plenty of time to treat it as a MIMBO. Take a look at the 8 yr. chart of monthly closes and you should see what I mean. BTW, did you ever post the score you got for CMNT? Doug R