MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

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To: donald sew who wrote (9152)	3/25/1999 4:55:00 PM
From: Jerry Olson	Read Replies (1) of 99985

Donald i took a peek at ALD for you..it's in the Chemical sector..which is BEAR<G> CONFIRMED...I SWEAR...HEHEHE.. anyway this stock has had trouble breaking 47 for 3 years now..well it broke it today to the upside...i would not short this stock at this time... it broke out of an incredible resistance number, AND the sector is below 30%...meaning it's at the bottom...oversold... so for a stock to beakout to new highs in a sector at the bottom,,THATSA BULLISH<GGGGGGGGG>.......FWIW..... regards guy......

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