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Non-Tech : Philip Morris - A Stock For Wealth Or Poverty (MO)
MO 54.72-0.8%Jan 7 3:59 PM EST

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To: Ralph Bergmann who wrote (5934)10/26/2000 5:48:11 PM
From: Philipp  Read Replies (1) of 6439
 
Hi Ralph,

This is not true. We are far away of having cracked this resistance. Sorry, for not being precise enough. I mean the range from 33 to 39$

I think the best we can do is to agree to disagree.

The big resistance levels were/are 28$, 34$, 43$. Mo
has decisively cracked the first two. Only when the latter is broken, is the intermediate term downtrend broken. There
are a few minor resistance levels between 34 and 43$, but
the next major target is 43$.

Anyway, I don't think it will be a quick run; a Bush victory could accelerate it, but I can wait, if necessary.

Good trading to you and everyone.

Phil
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