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Non-Tech : Alaska Air (ALK) -- Ignore unavailable to you. Want to Upgrade?


To: vinod Khurana who wrote (72)10/18/1998 5:25:00 PM
From: wolfgangl  Read Replies (1) | Respond to of 152
 
Vinod,

we have seen $34.50 on Friday. Your target is all but reached in 2 days. I expect Monday to be one more possible upday, but close could be also lowest quote. I hope you will take your profits and run. I do not expect a major rally or bullmarket.
ALK has got too steep a falling 75d mov. More bottoming is required in order to reach new highs IMHO. Fundamentals do not play a big role at present.

Good trading (by your own research),

Wolfgang