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Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?

To: Bill 49M who wrote (5870)	12/9/1998 9:00:00 PM
From: Tiki Hawkins	Read Replies (2) \| Respond to of 27311

TA guys, Keep it up, I enjoy the different (for me) perspective. In the mean time, I've got my incense burning and I'm going to sacrifice a few chickens and drink there blood, just to be safe.

To: Bill 49M who wrote (5870)	12/9/1998 9:51:00 PM
From: Jibacoa	Respond to of 27311

I don't know about the Tasuki gap, as I don't look at CandleStick or Point&Figure charts. (Just try to keep them simple with bar charts) As I see it, the price is just holding at the 25 day average line, which has been on an unperturbed 75 degree climb since 10/22 The price may retest the 7.25 level, but when it closes above the 11/10 intra-day high of 8.94 and the 10 day average line now at 9.30, it should be heading for the 11/27 high at 11.31 I remain long and adding on dips.

To: Bill 49M who wrote (5870)	12/9/1998 10:24:00 PM
From: Greg McDaniel	Respond to of 27311

Bill, Thanks for your analysis. I rely on Telescan's charting software to render the interpretation for me rather than doing this myself. Whilst I wait for the po announcement, analyst visit feedback, etc I will be watching this closely.

To: Bill 49M who wrote (5870)	12/9/1998 10:39:00 PM
From: P. Ramamoorthy	Respond to of 27311

Bill - Thanks. I saw the same thing (without the candles) we are just holding. Nothing to get excited about. Ram

To: Bill 49M who wrote (5870)	12/9/1998 10:59:00 PM
From: Greg McDaniel	Read Replies (2) \| Respond to of 27311

I have made a mistake. It is a UTB. Your analysis lead me back to the chart to make sure I had seen a Upside Tasuki Gap. Today's candlestick pattern is actually a "unique Three river bottom.". Telescan clearly shows a UTB rather than a UTG. I am a little squinty eyed today after getting only 3 hours sleep last night. Now this may be more exciting than the UTG. Does that perk your interest a little more? Here is the definition of UTB This pattern consists of a long black real body followed by a black Hammer that makes a new low. The third candlestick in the pattern is a small real body. This is a sign of a bottom reversal. Monday was a long black body. Tuesday was a black hammer and today is a small real body. I apoligize for reporting this as Upside Tasuki Group originnlly.