Qwest Communications (Q) (formerly QWST) Message Board

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Technology Stocks : Qwest Communications (Q) (formerly QWST)

Q 101.64

+6.9%

1:59 PM EST

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To: Nick who wrote (432)	12/9/1997 1:09:00 PM
From: Mathon Dabasir	Read Replies (2) of 6846

Nick: QWST seems to be trending higher. So are the dips. <What's a dip with this stock? Down to 50??? I was in earlier then got out, and now that I'm watching from the sidelines, I'm wondering if I'll have another chance.> If QWST sees 50 again after this current charge -MANY- including Mathon D. will pounce on it. No telling if it will or if it won't tho. One thing is for sure, if you try to nail this thing right all the time, you'll drive yourself mad Nick. Basic TA, that's all I use. Just look at the chart. Check-out the 50 day MA (it's also trending bullishly higher), right now it's just over 55. There's one dip. My own methods tells me there's another support line at 52. There's another dip. If I see these levels again I'm buying -because I love the company-. That's the big question. Do you love the fundamentals of Qwest? If you do, it's not so hard buying on the dips. If you don't (let's say the high PE makes you sweat), then when the stock dips (and it certainly will) you'll think it's crashing-in. Either way it's your call. All in my humble opinion. Important disclaimer: Whatever you do, don't take my advise whatsoever! Mathon

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