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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: Mr.Manners who wrote (10904)12/4/1998 2:38:00 PM
From: Ms. X  Read Replies (1) | Respond to of 34824
 
Hi Kasha,

Zila is an old friend of mine. Well, it's been in the family. My Dad has owned the stock for years (ignoring me) and I think is one of the sole owners of the company at this point.
But that isn't what you asked.
Zila desperately needs to move to 9.5 before I even raise one single eyebrow. It has moved to resistance at 9 and looks to be stalling. 9.5 and i might be convinced that Zila is ready to do something. I will also owe my Father about 20 bottles of champagne at that point.

SLR looks great. Can buy here and on any weakness with a stop of 68.

Take care,

Jan I am



To: Mr.Manners who wrote (10904)12/4/1998 2:44:00 PM
From: Jorj X Mckie  Read Replies (2) | Respond to of 34824
 
Hi Kasha,
Might I jump in. Have a special interest in ZILA....My Dad got suckered into them about 2 years ago on the promise of FDA approval for a blue dye that is supposed to detect mouth cancer (kinda like those pills you chewed as a kid to show plaque on your teeath) and subsequently a rumored buyot by P&G. The buyout fell through and the have been promising that FDA approval is just around the next corner for the past 2 years.

ZILA is at major, I mean major resistance at $9.0 (a spread quint top). If it goes to $9.5 I would start thinking that there is potential, but there is still a little resistance at $10.0. RS is negative.

SLR looks very strong.
JXM