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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: Eric Maggard who wrote (1597)5/19/1998 3:58:00 PM
From: Magnatizer  Respond to of 13094
 
Eric

I saw the dip. I am waiting to get the data tonight and will post on the thread what I see. No need to rush into it as the 4.75 magnet has been pretty stiff so far. When I looked last night it still had a chance at dipping to 4

ht
david



To: Eric Maggard who wrote (1597)5/19/1998 8:12:00 PM
From: Magnatizer  Respond to of 13094
 
Eric

what you saw today on AILP was a bounce off of the 13 period ma. I think it still has some consolidation to do and would like to see it test an IHS neckline in the 4.05 area. this would be a good place for it to build the strength it is going to need to blow through its overhead resistance of a trendline connecting the highs from the beginning of the stocks IPO.

watch the stoch 13,8,8 for reversal up as a good entry buy signal. You may not catch the low this way but you will catch the stock when it is showing strength.

ht
david