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


To: bazan who wrote (13515)3/19/1998 12:00:00 PM
From: Magnatizer  Read Replies (2) | Respond to of 79450
 
ms

ABIIB was a 3 day RSI play. It never triggered a buy signal. News not being taken as positive obviously. I am monitoring for a bounce. I would not buy it today. Your decision to hold or sell is up to you.

BTW you would do yourself a favor if you went to one of Dougs seminars. You would not have entered that position if you knew the system. I am not trying to kick you when you are down, I am trying to help you in the long run.

happier trades through 56 TA
David



To: bazan who wrote (13515)3/31/1998 3:01:00 PM
From: LTK007  Read Replies (1) | Respond to of 79450
 
I just bought into ABIIB and ABIIA as now that they have surrendered
on their takeover of MetroMail both stocks should retrace to previous
highs.Miguel,the whole downturn was because the street did not like
their offer to out bid GUS--and it should be kept in mind that as ABII
already owns 25% of MetroMail they will be making money from this deal.max90