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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?


To: OldAIMGuy who wrote (3946)2/1/1998 5:09:00 PM
From: Bruce A. Bowman  Read Replies (1) | Respond to of 18928
 
46%?! Hey, things are definitely looking up, Tom! This ranging market business can be a painful process for getting back on track, can't it? Much like peeling surgical tape off an injury a little bit at a time... the pain isn't extreme with any one tug, but it just goes on and on and on!

Along that line, I was looking at the market charts this morning and it looks like INDU is very slowly drifting toward an intermediate term support line. We're still about 350 pts away, but we're getting there. The long term support is almost 1,300 pts away, however. Sure hope the market doesn't pay too much attention to the AFC win and try to make that adjustment all at one time! :-)

Btw, LOGC had some cheap shares to offer... I added 10% to my holdings on Friday at 2-3/16. And I may be getting another buy on LOGC pretty soon if it drops down to 2.

Bruce