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Gold/Mining/Energy : Nuvo Research Inc -- Ignore unavailable to you. Want to Upgrade?


To: DaveAu who wrote (1889)5/17/1999 4:15:00 AM
From: jef saunders  Respond to of 14101
 
Go BLUEJAY !!

well, i looked at the chart back to '96.

my conclusion: it's going to be a volatile
3 months, june, july august. i'm just holding.

support 3.00, 3.60, 4.00. resistance 4.9 5.8, 6.25.

the breakout at 3.60 is enormous. we double the stock
price by year's end. the 1.xx prices are gone. the 2.xx
prices are gone. soon the 4.xx will be gone, and this
stock will very cheap by year's end.

look at that volume !! whew wee !
look at that moving average slope going up !! whew wee !

we are now at historic overbought levels, so a pullback
would be no suprise. however, if that pullback occurs,
it will resolve itself within a couple of months, and
make new highs.

the confirmation by peter b. is great news. this stock
is now being driven by its fundamentals. worst thing
i can do is watch ... i'll be tempted to sell my shares
and catch a temporary top. best thing to do is to
keep $ averaging in.

thanks to all who gave me the courage to buy when dmx
was going down.

Jeff S.