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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: kathyh who wrote (89708)	5/11/2000 10:35:00 AM
From: Jane4IceCream	Read Replies (1) of 90042

RAD......is Rite-Aid. One of the major drug chains in the USA. The stock/company is a turnaround play with new management and very high profile financial backers. The 52 wk high is 30. A little bit of a risky play but little downside from here also. You must check out the 30 day chart and notice the stock has upticked 8 out of the past 9 days. The chart is a beauty and there is obvious accumulation going on here. I'm not looking for 30 again but 10 might be approachable? My time frame is mid-long term. I am in since 5 1/4 and have been buying up to 5 3/4. Jane

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