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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Susan Saline who wrote (15519)7/30/1998 3:15:00 PM
From: DanZ  Read Replies (1) of 53068
 
AAC.

Sue,

Sorry I didn't get back with you sooner. It's been a lousy day. AAC appears to be building a base at about 5 3/8 but I don't like the looks of the chart. The bollinger bands are pointing down, the stochastics are bearish, and it had a breakaway gap. It's another in the value play category and I'm starting to think that value plays are not the place to be. I don't know about the future, but money has not been going into value play stocks. If anything, they are becoming more of a value play with every down tick. If you buy AAC, I'd be prepared to hold it for a while.

I did some major revamping of my personal portfolio today. I feel out of sync and need to get back to TA. So...sold all of my IRF and LTCW. Bought some more VLSI at 16 5/16 and 16 7/16 (the chart still looks good). Still holding ZAP (ascending triangle pattern bullish). Still holding DWRX but am looking to sell it on a rally.
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