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

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To: bdog who wrote (20032)7/30/1998 10:12:00 PM
From: Magnatizer  Read Replies (1) of 79279
 
bdog

back from reclining and trying to catch up. will be up to speed by the weekend. Watching AINN with cautious optimism after it closed above a downtrend today (ATH to 4/14/98) This downtrend was used as resistance from April through late June so it does have some validity. Also I have signal magnets at 6.50, 6.875, 7.125, 7.50, 8.375 so I hope that the bottom will be found at 6.50 if it dips again. If it is broken and a high for the day is less than 6.50 then I will take the pill. If it is not broken and starts and ascent off of the area I will likely double down. I rarely if ever average down on any stock but I still feel AINN has potential out the ying yang and would hate to miss the run once the small caps come back into favor.

ht
david
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