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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: IsaacF1 who wrote (1493)5/14/1998 12:35:00 PM
From: Magnatizer  Read Replies (2) of 13094
 
F1

One more thought on AILP. A buy order at 4 3/4 would not be wise. The best play would be to see how it reacts to 4 3/4 if it gets there. It may very well dip below which would create an even better buying opp. Magnets are not resistance levels as such. rather they simply attract the stock to a given area. Many times stocks will go through magnet areas only to rebound back below or above but the magnet area is strong in its attraction.


ht
david
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