PLAY > New Plays	Monday, February 05, 2001

	New Split Plays   New Candidate Plays   New Momentum Plays
(We update our stop losses daily at the CURRENT PLAYS page.)

New Split Plays

ACAI - Atlantic Coast Airlines $46.38 +2.44

Ladies and Gentlemen, ACAI continues its ascent for the following reasons: First, soaring energy prices, one of the biggest expenses for airlines, have pulled back and appear to be stabilizing. Secondly, the company announced a 2:1 split on January 25th. The split will be made payable on February 23rd. The stock did not immediately lift off following the split announcement, however, because Salomon Smith Barney downgraded the stock to "outperform" from "buy" right after the announcement. With any luck, the good analysts at SSB are kicking themselves now. Today, ACAI soared to a new high after breaking out of a flag pattern. Today's volume of just over 589,900 was more than three times the three-month average daily volume of 190,000. Despite the recent gains, look for momentum traders to drive the stock higher for the next couple of days. The MACD is positive and rising and the Money Flow is making new highs. Perhaps the key indicator that supports the possibility for a continued advance is the RSI, which has room to run before indicating an overbought condition. As long as the stock does not gap up more than three points on the open, aggressive traders can probably jump on board.

Picked on February 5th @ $46.38 Change since picked +0.00 Stop Loss @ $42.50
Interactive Chart	Quote	News	Zacks on ACAI

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