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

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To: Esteban who wrote (11311)1/26/1998 2:17:00 PM
From: ivan solotaroff  Read Replies (1) of 79230
 
AMLN SURE IS A CAT

Esteban:

This one looks fine--only oddity being the six months it's taken to signal. As Doug mentioned, the profit potential looks nice. If you look at the nine days after the failed-signal day of Dec. 19, looks like a possible quick 20%. This might lose a little velocity, because it's non-marginable at the moment being below $5. The days after Dec. 19 would also seem to indicate there's no reason to rush into this.
Any thoughts?

Ivan
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