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Technology Stocks : NEXTEL

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To: Al Gutkin who wrote (4046)1/9/1998 7:52:00 PM
From: Ed Pittman  Read Replies (3) of 10227
 
Al.
Thanks for the serious note on tax info. now I know why the accounts wants each trade listed...More time for him.<G>

Now for a more serious note on Nextel...You now have a triple bottom..One rule I use..The fourth time is a charm..So, if it goes up and back down for a fourth test of 22 is goes threw.. I hate to throw this in but, nothing is written in stone.

Awhile back i said that this correction in Nextel in my eyes is not completed..We are in a decending triangle..The last push up to 27 just added more time for the correction to be completed. so my timeframe has been push out.

You don't want to know my downside target price.

Anyway Good talking with ya, and don't forget to put in a stop<G>.

regards,

Ed
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