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Strategies & Market Trends : Three Amigos Stock Thread

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To: Don P. who wrote (8978)	9/22/1998 9:30:00 PM
From: Magnatizer	Read Replies (2) of 29382

Don well, you would have to go elsewhere to get a opinion of a veteran technical analyst but this rookie will give it a shot AIRM: Basically it really needs volume. I see a possible jump tomorrow if volume kicks in followed by a base decline. From a 3 or more month perspective anything under 3.625 would be a excellent entry point. From a daytraders perspective a volume move would be a good entry with exit ideas in the 4.40 area. Once AIRM completes its rebuild of its long term technicals (could take as little as 2-3 weeks) it will be prepared to take out the serious overhead in the mid fours. Until then it is one to buy on dips below 3.625 for the long term investor. In the low 3s its a real steal. If the upper 2s are reached and AIRM hangs around for more than a day there is something wrong and I would be a seller. IMO of course ht david disclaimer: those who read this post, please do your own DD. The above post is not a recommendation, it is merely an observation.

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