FITB (Fifth Third Bancorp) Message Board

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Non-Tech : FITB (Fifth Third Bancorp)

FITB 41.62

-0.8%

Oct 31 9:30 AM EST

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To: Ross who wrote (50)	8/16/1997 3:48:00 PM
From: Ron Kory	of 68

As I recall wave 3 cannot be the shortest wave...that is how I came up with my count. In any case, we agree that PTEK is at the very least due for a fifth wave as long as it holds the 26 area which was the low of wave 2 (do I have that right?). I am glad you found Friday "exciting." I infer from that comment that you were long puts! While not long puts I am thrilled that the market has corrected because it is bringing a lot of stocks back to support areas which then become buyable for the short term trader. For awhile there was very little to buy with low risk parameters. As always, I am long and short equal amounts of things. It is nice to see small caps outperform. In line with our comments I bought PTEK near the close on Friday. Talk to you soon. Ron

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