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Non-Tech : Alcide Corp. (ALCD)
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To: wally who wrote (11)8/3/1997 2:51:00 PM
From: PuddleGlum   of 104
 
Wally-
$39 represents a 50% retracement from the highs back to the point before the run began. Based on that, and on the appearance of support at or above that level, I'm looking forward to what happens this week. If we drop further then I think we'll see $33, but if we can hold at $39 for a few more days I think we're safe.

BTW, I just subscribed to Red Chip Review. Hope it's worthwhile. Should get my first materials next week.

Steve
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