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


To: Trippi who wrote (25415)1/15/1999 3:03:00 AM
From: Doug R  Respond to of 79183
 
Trippi,

Sheesh...knock it off. This is just the internet.
All's forgotten. But.....it was only 7 months ago
2 yrs!!! yikes...the thread's only 18 months old >>gg<<

ALU has gone extremely volatile after a life of stability. The main concern on it is where to place a protective stop. There's an obvious uptrend line to use but at about 10 5/8 that might be too tight. Another line at 9 1/4 looks like the best one to use, it's from the high on 7/15/98 across the high on 1/8/99. There's more downside in that line but it better takes ALU's volatility into account.

Doug R