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Strategies & Market Trends : Anyone follow ASA on the NY?

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To: Mike A who wrote (7)7/11/1997 12:12:00 AM
From: Dale Schwartzenhauer   of 15
 
Yes, very likely I think. I remember doing technical work on ASA a few months ago, and as I recall, $30 was the major support zone. We dipped slightly below it, the same way gold dipped below the $325 level that was deemed so important. The market does this to take out the weak holders, which was very effective this time around. So, you're probably in good shape.

Dale
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