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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: Bryan who wrote (23276)11/4/1999 11:55:00 AM
From: Walk Softly  Respond to of 108040
 
CC wave after wave of institutional buying



To: Bryan who wrote (23276)11/4/1999 9:36:00 PM
From: stan s.  Read Replies (1) | Respond to of 108040
 
>>>>Are you thinking of jumping in ALAN ? Or do you have it on your screen today? It's a mover and shaker bigtime today! <<<

HI Bryan, I never had a chance to look at this today. Volume spike was so enormous along with the one day move, it's hard to peg.

Downside appears limited to either the breakout point of 2 7/8 or the "gap from" support at 2 1/8. A continued close at or above either and it still looks fine. Gotta remember it was under 1 a few days ago.

Hopefully it won't ever feel the need to test those areas...incredible volume spike. A little too early (too volatile) to give this an indicator read yet.

Stan