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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Thomas Sterner who wrote (2854)11/19/1998 10:11:00 PM
From: Curtis Fox  Respond to of 43080
 
Any traders in Orange County, CA, please e-mail me.
Curtis



To: Thomas Sterner who wrote (2854)11/19/1998 10:17:00 PM
From: Magnatizer  Read Replies (1) | Respond to of 43080
 
Thomas

I suppose you saw the AKLM blocks again today. I had to buy more, it is just to primed. Today was the first day since the start of the base where the low for the day was greater than 8 5/8. The significance of this is it has broken away from a series of 4 magnets. Magnets are areas of attraction (horizontal) Normally there is a point or more of space in between the magnets. Well, in AKLMs case there are four magnets from 8.25 to 8.5625. I feel it is this concentration of magnets which has been holding AKLM back. I can find no other reason for the pause as tremendous buying pressure has been exerted on the stock

ht
david