MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: marginmike who wrote (1558)	11/29/1999 11:15:00 AM
From: J.T.	Read Replies (3) of 19219

marginmike, DIS is up while PIXR is down. WHY? Because the stakes have gotten very heavy for the shorts at the table. I would not be surprised if PRU is in on the short end. They want to kick this stock down so they can get in at low 40's and issue upgrade buy 12 mo target of $60 +. Robbie Stephens will be out with a new upside 12 mo target. Box Office numbers don't lie. The analysts already got mud on their face with PIXR's Oct blow-out earnings. The same thing is going to happen in January. BLOW-OUT EARNINGS. The analysts are behind the earnings curve and the stock is nowhere built into future PEG. For me, it is a BUY. Downside support for me is $41.50. Shorts are busy at it again. Best Regards, J.T.

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