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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: RWS who wrote (13142)	3/9/1998 9:30:00 PM
From: freelyhovering	Respond to of 79463

RWS--AR is an old favorite of mine, but it doesn't like being called a MIMBO. It has a bit of that appearance on the one day chart and I can see that it lured you in to thinking it was. But, one only has to go up to the 2 day chart to see that it ain't got the rhythm yet. If you go to the weekly and monthly chart you get the bigger picture. That is not to say that AR can't rally from here as the metals sector, and especially copper stocks and aluminum stocks are breaking out quite nicely. AR used to move fast and furious and maybe still has some of that old punch left in it, but we must not call her names she doesn't like. With good humor, Myron PS--If you look at the long term chart, AR looks like it is working out a head and shoulders formation and the eventual target could be as low as 16. Any other TA reads on this one?