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Politics : Idea Of The Day

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To: Michael Rich who wrote (15959)	12/29/1997 1:46:00 PM
From: Judy	Read Replies (2) of 50167

Good morning, Mikey Sentiment favors telecom going into the Jan rally, but thus far price volume says strength of sentiment is not robust for LU while stronger for TLAB and ATI. The CSCO kid continues to move as expected regardless of mf, so what are the blocks doing today? If CSCO closes over 55 today (or this week) on healthy volume and stays above ... I shall view CSCO having returned within its bull channel. Then I'd expect CSCO to stroll up to previous high as the market enters options expiry activities. Will ride CSCO long one more time, I'll short the kid a bit later. EMC, Soundview upgraded to "buy" today. Are blocks buying on the upgrade? Will post market views on the Idea thread in later this week, so far no change. Later.

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