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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: ViperChick Secret Agent 006.9 who wrote (10872)6/27/1998 3:05:00 PM
From: Les H  Read Replies (1) of 42787
 
>> for anyone looking at GM may be good for puts!

GM is at critical support at 66. Also sitting at the 200-day moving
average. The next likely support is around 61.5 and then 56-57.
The accumulation/distribution has been steadily declining since
late March. A pullback to the high 50's will bring it back to the
long term support in the trading channel since January 95.
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