STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE Message Board

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

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To: James Strauss who wrote (2319)	2/24/1998 11:26:00 AM
From: R. Ramesh	Read Replies (1) of 2377

AINN appears to be topping out... MoneyFlow is neutral, and volume has been dropping... It might be advisable to wait for a pullback to the 7.00 area or 6 1/4 area before entering... Thanks for your advice. But........ Mmmmm... too late. I already pulled the trigger. I relied on the hunch this time. My hunch goes like this. There was a rumor that some announcement will be made this Mon or Tue. In anticipation momentum players came in. They saw no announcement and they left (or leaving) But the volume during leaving is much less than that of people buying last week. Some how it all adds up (to me) that long term AINN is still ok to buy at these levels. BTW, I bought it for my IRA account and therefore hoping it will do a double in a year. Do you see myself delirious after goofing on the AINN or does my argument sound at least plausible? Ramesh

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