Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

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

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To: Mao II who wrote (3571)	1/25/1999 3:32:00 PM
From: James Strauss	Read Replies (4) of 13094

IOM... Chairman: IOM briefly dropped below the 50 day MA today and bounced back... So, it looks like we have support in this 7.50 to 8.00 area... If this support level holds it will present a safe entry level for IOM's next leg up... The Caveat is the expected first Qtr flat earnings... This may have already been priced into the current dip in price... If IOM surprises to the upside in the first Qtr, it will be harder to catch than a runaway freight train... Jim

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