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Technology Stocks : Paychex (PAYX)
PAYX 112.18-1.1%Dec 31 3:59 PM EST

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To: gladman who wrote (186)6/25/1999 5:14:00 PM
From: Jeff Bond  Read Replies (1) of 210
 
>>Jeff - please keep an eye on the market for me.<<

How'd I do, hope you're not mad at me :o)

There was VERY good volume in the $31 1/2 to $32 1/2 range later in the day, but once again the price was brought back down towards the tail end of trading. There is plenty of legs left in the run, but just as I epected, the 200 day ma worked to slow down todays run. This could provide some resistance, but with earnings looking good for the quarter, I don't think it can hold the price back for too long.

Looks like you got your wish for the 7% jump, blowing out resistance at $30, and a trip to the see Cubbies play. I didn't get my surfing in, ocean was flat, someone fell down on the job I suppose :o)

Who's selling? Not me ... run Forest run ...

Best news at this point for any PAYX shorts is at least they won't lose any more money the next 2 days; suckers, thats about it, the march continues good & proper on Monday!!!

Regards, enjoy the weekend all, JB
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