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Microcap & Penny Stocks : Cade Industries -- Ignore unavailable to you. Want to Upgrade?

To: Cube who wrote (3040)	7/29/1998 8:36:00 AM
From: James Wright	Read Replies (1) \| Respond to of 3563

Cube -- Going back to the week of April 24th and following CADE through the end of last week, CADE repeatedly tested and always held at or above 3 1/4. This signified very strong support at 3 1/4. Then this week it broke below that support level on heavy volume. I'm not at all trying to be negative on CADE or cause grief. I just think that despite the company's great fundamentals, the technicals right now are bad. CADE's decline not make any sense, given the great numbers for CADE, but sometimes you have to listen to what the stock has to say rather than trying to rationalize what the stock ought to be doing. -- Jim