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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: dennis michael patterson who wrote (21332)6/7/1999 8:40:00 AM
From: the options strategist  Read Replies (2) of 42787
 
Dennis, I'm looking at FDX as a short. It had a failure to hold at a key support level and broke through the level when it was sitting at the 50 dma at $54.00 on the recent announcement by Airborne to team up with the U.S. Postal Service may increase weakness.

Although we might see a bounce to resistance at the 50-dma. Watching.

Also looking at BEN as a shot and PVN on a rally.

jj
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