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

To: Bob Biersack who wrote (26667)	2/23/1999 1:14:00 AM
From: Doug R	Read Replies (1) \| Respond to of 79230

Now Bob, ASHW was never said to have been a MIMBO. What it has been called here is a PGDCEB. Those never grow old. BUT, now that you mention it...it was a MIMBO from the old high of about 13 it had back in '94. It broke out in '97 and went from 7 to 18 in 13 months. From there it tumbled drastically (another smallcap that stayed a smallcap after reaching the highest anyone would be willing to pay for it for at least a very long time) and THEN became a PGDCEB. Now since you've never been to a seminar, you'll have to refrain from cavalierly tossing out the MIMBO label. It just doesn't look good to do that. So now that we've covered that; ASHW has peeked over the 50 dMA 5 other times since the gap that qualified it as a PGDCEB. Each time it did so, it couldn't hold itself over that MA. One of these times it will but I wouldn't go so far as to say it will be this time. Doug R