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Strategies & Market Trends : The Rational Analyst -- Ignore unavailable to you. Want to Upgrade?

To: Carlton G Glenn who wrote (1452)	9/26/1998 11:49:00 PM
From: HeyRainier	Read Replies (1) \| Respond to of 1720

Hi Carl, QSNDF is rounding off nicely from the $1.50 support level to form a possible Double Bottom. As a pivot point, this level would be as good as it gets, for there exists a six year Channel with support at $1.50. (In addition, it would be nice if Mr. Gallagher took my words into consideration with regard to the significance of this level and added a little padding from the share buyback support.) Now enough of the wishful thinking. We would get a completion upon a close above $2.00 for the Double Bottom. In addition, it would be a timely development as we move into October, the expected release date of the Cetera. A close at or above $2.00 would also give us a breakout from the three-month downtrend in the issue, which would also give us a new short term target of $2.60 for the upper range of the current trading channel. Good entry, by the way. Regards, Rainier