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Microcap & Penny Stocks : Ames Department Stores (AMES)

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To: Yogizuna who wrote (1750)10/17/2000 12:53:55 AM
From: Dan Duchardt  Read Replies (2) of 1911
 
Yogi,

The trend-line I have across recent tops originating at the September high is now at about $5. I do show the 10 day moving average at 4.5, and I would consider breaking that a good sign. AMES failure to participate strongly in the Friday rally does not give me a good feeling about it's chances to do that real soon. I think we need some good news to give it a boost.

Dan
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