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

To: Kim who wrote (24357)	12/18/1998 2:53:00 AM
From: Doug R	Respond to of 79230

Kim, MLIN has not really lost its overall appeal. The move it just completed is actually something that gives it a high degree of visibility in my book. It went higher than the 7/98 high. As attendees of my seminar know...it's very well worth paying attention to. It's setting up to become a MIMBO now. No guarantees yet but... Doug R

To: Kim who wrote (24357)	12/19/1998 12:41:00 PM
From: Doug R	Read Replies (1) \| Respond to of 79230

Kim, Another note on MLIN. As I had posted on AKLM when it pulled back from 10 to 8 1/2 and was asked if it was time to bail out; A consolidation after a move most frequently brings a stock's price back into the price range of the previous base before the next move up. With MLIN it only looks more severe since the move was from 4 to 6. The pullback now has accomplished the usual consolidation and MLIN is ready to get moving again. It may take a little longer than AKLM did but with the possibility of a MIMBO working for it, there's good reason to keep MLIN around. Doug R