Vincent L.

Why I'm Not Buying Allegheny Technologies, Titanium Metals, or RTI International Metals, Just Yet

"Lastly, Allegheny Technologies (ATI) which is the only name of the 3 that I hold in the fund. However, pending a better chart, I am down to a tiny holding position of 0.2% of the fund. When I started the fund in early August, this was the only name of the 3 whose stock price was still holding above the 200 day moving average, so it's relative strength compared to the two others was the best in the group"

The reason ATI was holding above the 200-day moving average was secondary to constant weekly hype by Cramer, not because of ATI fundamentals.