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


To: JBH who wrote (20003)7/30/1998 3:21:00 AM
From: Doug R  Read Replies (1) | Respond to of 79273
 
John,

C'mon now. I didn't post a bunch of warnings on the small cap sector just to watch myself type. The Russell 2,000 broke down this week. Stop buying small caps for a little while. (actually, in the long run, 7 3/8 isn't a bad price to get AINN). One thing about the AINN chart is that the drop from over 10 looks just like the drop in the Russell 2,000. AINN is mirroring the symptoms of the R2K breakdown and might be a good indicator for when R2K is ready to find support.

Doug R



To: JBH who wrote (20003)7/30/1998 8:49:00 AM
From: shasta23  Respond to of 79273
 
I'm also a co-victim on AINN. Usually it bounced of beautifully off the 100SMA or the 200SMA. This time it's FREE-FALL. Also saw it happen and didn't put a stop in and i'm disgusted with myself like you. TA looks bad although that earnings report looked actually ok.So let's hope for a recovery but now i fear it might take a while!

Stefan



To: JBH who wrote (20003)7/30/1998 9:43:00 PM
From: bdog  Read Replies (1) | Respond to of 79273
 
JB LOL! I kind of like the average down theory... if I keep doing it could I not eventually get my cost close to 0? >gg<

gotta kept laughing or I may start cryin
bdog