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Technology Stocks : NEXTEL
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To: Ken Benes who wrote (6096)5/12/1998 4:48:00 PM
From: Bernie Diamond  Read Replies (3) of 10227
 
Ken, my take on today's action. The shorts have had a pretty good run and now are cashing in before Thursday's meeting. In the absence of specific negative news, and the lack of positive news, who knows for sure what news will be forthcoming? Today's updraft, with light volume, does not a trend make. If a downdraft occurs tomorrow, I'm positioned to pick up more at bargain prices (already sold some fairly valued stock for that eventuality).

Good trading to all!

Bernie
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