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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: isopatch who wrote (942)8/31/2001 10:38:24 AM
From: MetalTrader  Read Replies (1) | Respond to of 36161
 
iso,

alcoa has looked terrible for a while. It pains me to say that because it's one of the best run companies in any industry in the world. I moved out of aa back in early summer at about 41. To good a company too feel negative about, but the move from 22 to 45 was a big gulp to digest in only about 6 months. I've always considered it the type of company to have as a core holding. A head and shoulders pattern broke down in June and i sold it on the rebound to resistance. Trend is down, but I won't be far away watching this one.

Inco,N I don't hear much good from stainless producers which is what will make inco take off. Chart is iffy if it breaks support of 16 I'll be looking for near 14.

Southern Peru Copper PCU...chart looks like PD at a third the price. and....it even makes money. novel for a copper company.

mt