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Re: aimforsimon post# 5793

Monday, 06/16/2003 5:49:56 AM

Monday, June 16, 2003 5:49:56 AM

Post# of 11156
OT Re ARL ... (I figured you had bt lower.) YES. IMO ... ARL is in no mans land ... I actually believe it goes higher first then sells back ... probably turning at 30 / 32 and going back to at least 25/26 ... obviously a break of 32 says higher, and any high volume doji day under 32 says lower.
Volume is the key .. but there is indecision based on the last two days candlesticks and already the recent chart has a bearish wedge look ... so odds favour the eventual downside off a lower high (than 32) IMO.

Regards