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

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To: JRI who wrote (40282)	1/8/2001 10:01:37 AM
From: Paul Shread	Read Replies (1) of 42787

Yes, my small trendline was broken. I think the real test would be to see whether the 90 log trendline was pierced again, as it was last Tuesday/Wednesday, but I don't have access to an intraday monthly chart to check. If the bears can't pierce it again, I'd argue that the bulls are back. Who needs GLW? Alcoa (AA) 33 1/8: Aluminum producer reports Q4 earnings of $0.45 a share, $0.03 better than the First Call consensus, vs year-ago earnings of $0.44; revenues rose 52.9% to $6.58 bln from a year-ago of $4.30 bln; operating results of the recently acquired Reynolds Metals Company and Cordant Technologies were accretive a quarter ahead of schedule.

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