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Non-Tech : Alcide Corp. (ALCD)

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To: wally who wrote (14)8/6/1997 8:23:00 PM
From: PuddleGlum   of 104
 
Wally-
I added to my meager position last week from 41 1/2 to 43 1/2. Sure wish I would have had my net out there on Monday morning, though. ALCD has now graduated from being a minor holding to one of my major holdings.

As I mentioned in one of my posts 39 1/2 was the 50% retracement level, which we stalled at for a moment, but 35 1/2 was the 68% retracement level (a number which some people follow with mystical reverence). I'm becoming a believer in setting price targets rather than just looking for opportunities to come along.

Steve
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