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Gold/Mining/Energy : Position Trading in Canada -- Ignore unavailable to you. Want to Upgrade?


To: Ward Nicholson who wrote (1181)5/29/1999 8:53:00 PM
From: keith massey  Respond to of 2259
 
Ward...

Food for thought...Bring up the 5 year, weekly AC chart. Look at the pattern and volume. Almost looks like a flag during a fall. This has kept me away from AC for a while now.

Best Regards
KEITH



To: Ward Nicholson who wrote (1181)5/30/1999 11:05:00 AM
From: Kevin Hamlin  Read Replies (1) | Respond to of 2259
 
AC...the sequel! I think AC was where we first crossed paths Ward, a year or so ago. I think people's "sense of humour" regarding AC is very thin right now. The smell of yet another strike in the air is just too much for some to stomach. The difference though is that we're already down in the $6.00 range to start. AC never fully recovered from the last strike where it was at least in a more respectable $8-$10 range. Would I personally buy it right now? Nope. Maybe if it gets really ugly/silly, but in general I've been pretty disappointed that AC has been unable to show any real resiliancy.

As for CRY, yes, I've been in and out of that company a number of times over the past 4 years. Currently not in them, but know them well.

All the best,

Kevin



To: Ward Nicholson who wrote (1181)5/30/1999 1:34:00 PM
From: keith massey  Read Replies (2) | Respond to of 2259
 
CLT

Ward...

Now I am interested in CLT....it looks like it did have a complete breakdown after we talked....hopefully you got a quick and painless exit on that up day. It tried to break the big support at $19.50 twice and failed...all the indicators are basing at the bottom of the oversold area. 200 day MA is at $18.60 which offers a little more support...following the bottom edge of the BB down.

So any thoughts on the bounce..looking interesting

Best Regards
KEITH