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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE

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To: Sergio H who wrote (854)12/27/1997 10:09:00 AM
From: Doug R  Read Replies (1) of 2377
 
Sergio,

All the intermediate-term stuff is in the basement but it's possible they might run to the top. Last time the technicals were in the basement and ran to the top AIRM went from 2 1/2 to 4 1/2 over 3 months. The long-term stuff has not turned up yet since coming off 4 1/2 but there is some deceleration in the drop in the last couple days. The entire profile shows it is not probable it will get very much over 5 in the next 6 months. With the short-term stuff a day or 3 from outright overbought and the MACD still below the bullish threshold, either be very careful or very patient.

Doug R
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