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

To: Instock who wrote (20716)	8/22/1998 5:38:00 PM
From: James Strauss	Read Replies (1) \| Respond to of 79308

MICA... Scott: Earlier, in July, MICA moved up to the top of its Envelope Channel on two successive days, gaining more than 1.50... Now, MICA has successfully tested the 200 day MA and is ready to assault the top of the Envelope Channel again... The top of the Channel is in the 17.00 area... If we get any kick in the market Monday and Tuesday, 17.00 is possible... I've been keeping a close eye on GMGC for possible entry... It is sitting on the 144 day MA... Another successful retest of this area makes it a buy for a trade to the 8 3/8 to 8 1/2 area... DOSE is a possible bottom here... A flattening of the price line is needed... Otherwise, it may still seek lower prices... Jim