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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: horsegirl48 who wrote (28192)1/23/2002 1:52:45 PM
From: Paul Shread  Read Replies (2) | Respond to of 52237
 
ADM could potentially move counter to the market if it's perceived as a safe haven. Sitting just above its 200 DMA, so you have a good stop.

stockcharts.com[l,a]daclyyay[pb50!b200!b20][vc60][iLl14!La12,26,9]

Edit - just noticed abestos exposure list. Ya learn something new every day.



To: horsegirl48 who wrote (28192)1/23/2002 5:05:50 PM
From: Joan Osland Graffius  Respond to of 52237
 
horsegirl48, >>have wanted to buy adm for a long time,

In my opinion ADM is expensive right now with the current earnings using Graham's evaluation. For full disclosure own a minimum core position at the moment. Was selling my positions in the high $14's and low $15. Plan is to add to position at or below $11 and will accumulate more below that level. If one thinks in the future they would generate a $1 in earning IMO the stock is fairly priced or even cheap at the current level.

BWDIK,

Joan