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To: Loren S. who wrote (4724)	1/19/1999 5:25:00 PM
From: Jimmy Dunn	Respond to of 9824

A broker friend of mine thinks that when the stock gapped about .30, that set the level for strong bottom pressure. I want to first acknowledge that I am not the worlds greatest technical chart person:-) Therefore, I would encourage anyone interested to do their own work on this. That said, I have just run the day's activities through the tech charts on Wall Street City. It should be noted that different people who do technical charts and use somewhat different formulas can get different results. However, I did use Wall Street City's charts as is, mostly looking at 5 and 10 day charts. I was a little surprised that they looked as good as they did, but once again, I encourage everyone to do their own DD. Bollinger Band: The stock price is at the bottom of the band. My understanding is that the stock will have a tendency to move to the top of the band, meaning a price increase. In fact, several of the surges we have seen in the last week started out below the band. MACD does not show buy or sell points in the short term. Momentum shows a buy signal late in the day (Looking at 5 and 10 day charts) Moving average shows three buy signals late in the day. Negative Volume Index indicates a strong uptrend. However, keep in mind that Negative Volume Index is probably more applicable with larger, institutionally traded stocks. On Balance Volume also shows an uptrend leveling at end of day, but well above the stock price. Positive Volume Index: Surprisingly, this was the only tech chart to indicate a down turn. Most of the time indicators are more mixed. Stochastics indicates that the day saw two different buy points looking at both 5 and 10 day charts. Wilder RSI does not show buy or sell points in the short term. I looked at short term charts mostly because I do not feel like charts work as well when there have been significant changes (such as press releases that have shown some fairly long term effects on the stock price.

To: Loren S. who wrote (4724)	1/19/1999 5:42:00 PM
From: Jimmy Dunn	Respond to of 9824

Looking at these charts as they compare to the history of the stock, it looks like the Moving Average, Bollinger Band, On Balance Volume and (surprisingly to me) Negative Volume Index have been the most predictive (My opinion only). In fact, the one negative tech chart, the positive volume Index seems to be inverse with what the stock does. The stock has usually moved strongly up after clustered moving average buy signals like at the end of the day. Also, both Negative Volume Index and On Balance Volume appear to indicate an uptrend, and have looked good at predicting historical surges in the short term.