This week's issue ov Value Line, dated July 21, Lowers the "timliness" ranking for AMCOL from a 1 to a 2. They confirm their belief that earnings will remain strong through 2006 and 2007 and think the current price (24.70) "already appears to discount a good portion of the earnings growth we project out to 2009-2011" They also comment that earnings from nanotechnology ",if any, appears to be years away." Their eps projection is $1.45 for '06 and $1.70 for '07. Believing that the DJIA will have a substantial (and perhaps sharp) drop at some point before Holloween, since AMCOL seems to follow the DJIA I believe ACO may see lower prices in that time frame also. A $22 trade will fill in that box on the P&F chart creating a triple bottom sell signal, an omen of significantly lower prices from there. The price keeps meandering between the moving average and the lower Bollinger Band. Above this is the volume weighted moving average which I anticipate will be significant resistance. The value weighted moving average is now at $26.12 and descending.