SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: unregmarket who wrote (15417)4/24/1998 12:34:00 PM
From: Doug R  Read Replies (1) | Respond to of 79273
 
Rick,

I've never had an attitude stock do what AINN just did. The possibility is always there, of course. RLLY was an attitude stock and it's attitude just trickled away over a long period. Other stocks have "used up" their attitude as they ran up and topped out. A few have gone nowhere. Some others are still going up after several months. Each attitude stock develops its own "personality" and must be handled individually.

I don't know what happened fundamentally with AINN to cause the drop. The market is a constant learning experience. I'll be watching AINN in order to learn what the hell happened. Maybe it is just a shakeout. Time will tell. The TA on it this weekend will probably tell me something.

Also, I have to say nobody should chase a stock. I tried to get everyone in early and anyone chasing it does so at their own risk. When I first posted about AINN I said there would be plenty of time to accumulate in the 7's. It sat there for nearly a month. That was plenty of time. I hope there wasn't anyone initiating in the 9's.

Doug R