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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Dave H who wrote (9443)12/18/1997 4:31:00 PM
From: ivan solotaroff  Read Replies (2) of 79378
 
RADAF and RECY

Hey Dave,

Yes, I remember the figure $14 and change for RADAF, though I don't know if that was my (probably faulty) analysis or someone real's.
No, I didn't sell RECY. Volume was small today vis the three-month averages, but large compared to the rest of the week, and I, being willful, have decided that that comparison is the important one.
In truth, I love the stock. Even if they're going to be looking at some big debt problems, everything I read about in the financial papers these days is acquisition, merger, and takeover. If and when RECY clears to double figures and the money boys take notice, it could be one of those stocks that hits the NASDAQ Top-10 of the Day lists, and I'd sure hate to look at that and say, Hey, I sold that at 6 1/8.

Best of luck,
Ivan
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