Cents and Sensibility - Kimberly and Friends' Consortium Message Board

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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: stan s. who wrote (53600)	12/29/1999 11:49:00 PM
From: Bryan	Read Replies (1) of 108040

Stan....you're a busy man. I would also appreciate your TA wisdom on MSGI. I've managed to get my average to a level that will allow me to endure some pain, but the price action was a little spooky today. Tell me that it was a head-fake by the MM's and I'll believe you. It seemed to blow right through support this morning [around 16 1/2], but I'm guessing [hoping] that it was a MM attempt to wash out some weak hands; in which case I would look at this as healthy, especially since it closed above $16.50. Is there a fundamental reason for the weakness...i.e. the Fusion Networks equity position? biz.yahoo.com If this is not an issue, then I would rely highly on Technicals to move this battered puppy back up [in the absence of fundamental news]. Anyway....I'm fully vested in it and I would greatly appreciate your opinion. regards, B

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