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


To: MetalTrader who wrote (949)8/31/2001 10:59:04 AM
From: isopatch  Read Replies (1) | Respond to of 36161
 
Don't usually set downside targets due to being a trend

follower. But I know most other people use them. Do you have a price or range where you think AA is likely to build a bottom based on it's fundamentals vs previous cycles?

PCU really a thin trader. Although that can certainly change over time. Saw a lot of sm OS and NG stocks develop healthy liquidity once they'd completed their bottom formations and started the 1st upleg. Probably the same story with this critter down the road. I'll give it a good look.

RTI is one I'm currently completely out of. Have played it several times in recent years. You might want to take a look at it as one to keep an eye on going forward. Nice small company with good LT industry fundamentals in defense and energy. Like the other metal plays it should do very well once the market has completed a bottom and started to turn up.

Not holding my breath though<G> We should have plenty of time for DD on new ideas before it's time to buy aggressively again.

Isopatch