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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: JBH who wrote (20003)7/30/1998 3:21:00 AM
From: Doug R  Read Replies (1) of 79273
 
John,

C'mon now. I didn't post a bunch of warnings on the small cap sector just to watch myself type. The Russell 2,000 broke down this week. Stop buying small caps for a little while. (actually, in the long run, 7 3/8 isn't a bad price to get AINN). One thing about the AINN chart is that the drop from over 10 looks just like the drop in the Russell 2,000. AINN is mirroring the symptoms of the R2K breakdown and might be a good indicator for when R2K is ready to find support.

Doug R
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