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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?


To: OldAIMGuy who wrote (6822)2/11/1999 12:57:00 AM
From: RFH  Read Replies (2) | Respond to of 18928
 
Speaking of south of the border, I started AIMing an Argentinian Bank, Banco Frances (BFR) on January 11th of this year. Bought at 19 3/4, and the price promptly dropped to my first buy point at 16 3/8. It's inching up to 17 now, and the chart looks pretty good for an AIM stock. I thought I'd pick my initial buy point just above what I thought would be a double bottom (Dec 11th), but the price just blew past this support level and reached a different double bottom with an early September 1998 price around 14 (intraday). My first sell will be at 21 1/8. I haven't put this one on my web page yet because it's so new, but I'll get it there eventually. Wish me luck, and stay away from that spicy stuff.

Sincerely,
RFH