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[sharechat] MIG Chart

From:	Phaedrus <Phaedrus@techemail.com>
Date:	Tue, 9 Oct 2001 02:07:56 -0700 (PDT)

Gerry,
       MIG is currently in a long-term (15 month) Uptrend. The price action 
during this extended trend has been such that it would have been very difficult 
(read impossible) to beat simply buying and holding this stock. Anyone buying 
at the trendline break at the end of the June (at $1.26) has so far made over 
160% profit. These fortunate people would be looking to sell on any Close that 
is clearly below the rising trendline. 
  Some investors may choose to ignore any trendline break because of the 
apparent strength of this stock, and the unusual current situation. They should 
still have an exit strategy. I would suggest that any Close below the $3.00 
support level should trigger an immediate exit.
    Regards,
               Phaedrus.

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