MG, I've always enjoyed your 1x4 concept!
It definitely makes sense. My petrie dishes are small in size and to some extent, other than personal disposition, I tend to be a four to the floor kind of guy. But, then, you probably noticed that. However, I'm watching and we will see where we are at the end of the year.
Clearly, folks have made a lot of money this year buying T in the low 50's and selling/shorting in the upper 50's. WCOM also has a sweet trading range. A dude I read recently suggested that the subsequent run, when a stock breaks thru a trading range, can be estimated by the difference in the trading range times 1.38.
As to PNX, I keep looking at BEL and going Wow! I also look at BLS and exclaim, what a shame. BLS commits to the infrastructure upgrade that all the teleco's are going to have to do, and the stock gets shunned. Of course, short-term, the investment in QWST didn't help.
Who woulda thunk ol' Fidelity Magellan was sellin' off AOL and accumulatin' T + LU?
I was actually more surprised to see that he had previously moved AOL into the top ten. Didn't make much sense to me at the time and I bet it wasn't one of his better performers for the year.
Wish I could help with the bond issue -- but what's a bond? <g>
TB |
