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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: MMK who wrote (12260)4/6/1999 12:53:00 PM
From: Trader J  Read Replies (1) | Respond to of 56535
 
MMK: AFCI - I thought it was a screaming buy at 7 1/2 - 8. As a long term hold, it is a great position. For trading, I like the 8 range.

Tj



To: MMK who wrote (12260)4/6/1999 12:54:00 PM
From: Tony B  Read Replies (1) | Respond to of 56535
 
MMK - AFCI -

I bailed on it a little too early on my last half, it seems. I'm watching it as well. I think it could easily get back to 12 or so, but I'd like to wait it out to see if will dip back into the 7s. I think anywhere in the low 8s is a good buy, but I'd be a little hesitant at this price. A little too much downside risk for me. I'll more than likely wait until it finds a new predictable range.

Edit - TJ - Great minds... *g*

llater,
Tony B


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