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

To: mike canavan who wrote (22544)	11/4/1998 2:22:00 PM
From: Doug R	Read Replies (2) \| Respond to of 79469

Mike, The fire has been put out on board ELGT but it will likely remain dead in the water for a while longer. It's attempting to put up some technical strength so it could be a bit higher in the short term. AND is now a 3 dRSI paste and should go a bit more tomorrow. After that it goes into trick mode for possible continuation. 12 1/2 is not an unreasonable initial target in a week or so. SEEQ is a good place to put ELGT $ I'd say. Initial target there is 1 3/4. Doug R