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Strategies & Market Trends : Dawg's Place

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To: Junkyardawg who wrote (3)	6/23/1999 2:15:00 AM
From: Jorj X Mckie	Read Replies (1) of 2751

Dawg, I don't have any special knowledge of the banking sector, but I can read the P&F chart for you. ASO looks like a slow mover and a bit schizophrenic. It gave a couple of sell signals last year and a decent buy signal in March, ran up and pulled back just above support at $21. If it can move to $25 that would be a good sign as it would set a higher low. But unless you know something special about the stock, I don't see any reason to move into it for a 3 day momo play. This thing moves like a snail on ludes. JXM

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