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Strategies & Market Trends : The picks

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To: Trader X who wrote (4896)2/13/1997 11:56:00 AM
From: Steven Messina,L.M.T.   of 6124
 
Re: IOM.....$26.50

Kevin,

I was referring to the anomoly that ocurred both yesterday and today, whereas the share price on the intraday chart ticks up, almost as if someone placed a bid significantly higher than the current bid. I alluded to the possibility that it was just a computer glitch. I, also do not see today as "the big day", however if IOM closes up today, it is an indicator of a possible trend reversal.

Right now I've got my eye on ODP and SPLS......apparently there is news that the pending merger may be squashed by the Federal Trade Commission.....we'll see. Either which way, these two are solid performers. Check em out.

Regards,

Steve
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