Energis, READY TO BOUNCE BACK

When did EGS ever follow technical trends!

If you sold in Aug (105p) bought Oct (31p), sold Nov (95p) and buy Dec (55p today!) you would have multiplied your share holding 600% and the value of your shares would be 300% (as the price is now half!). I expect this 'trend' to continue (Colt followed exactly same trend) through 2002/2003! Get it right and EGS is a very healthy share to invest in.

At the moment the 'value' of the shares should be 56p(Deutsche Bank). This is before AOL. According to RSI the shares are well-oversold. The share overhang is also completed.

What will I do? Wait until RSI in overbought mode, maybe mid-Feb (85-100p) and then WAIT again until RSI really starts to drop. By that time SELL at maybe 120p. Either way share will drop with some bad market sentiment (manipulated!) and can buy back to 65-70p (roughly value with AOL in?) and so on.

Any thoughts! Luckily my life does not depend upon it!

Cheers