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To: Kingfisher who wrote (3967)	5/13/1999 11:02:00 AM
From: OLD JAKE JUSTUS	Respond to of 4891

King, you are to be commended for calling this one right on target!

To: Kingfisher who wrote (3967)	5/13/1999 12:58:00 PM
From: Kingfisher	Read Replies (4) \| Respond to of 4891

Well, >2,000,000 shares traded by noon time and plenty of selling resistance has taking the price back to $0.30. Also, possible MM influence by systematically lowering their bid. The question at this point is whether or not we have entered into a new trading range, i.e., $0.30-to-$0.34, or is this just a momentary reaction in a continuing upward movement? Could this sell-off continue into a complete collapse to significantly lower prices? A clue to this is to watch the floor of the possibly new trading range to see if it will be as formidable as it was a ceiling for the $0.25-$0.30 trading range prior to penetrating the down-trend line?? Go Figure! WELL THE FLOOR MAY BE MADE OF QUICK-SAND, IT HAS BEEN PENETRATED ALREADY ON THE BID [$0.29]! At least it seems that the MMs are trying to suck it south.