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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Doug R who wrote (18021)6/3/1998 8:11:00 AM
From: JBH  Read Replies (2) of 79479
 
Doug,

An AOL deal?
ABTE is supposed to do an acquisition of MFS (WCOM telcom construction unit) and is due to close any day now. From what I understand it will increase the market capitalization to put the stock into the mid twenties. Almost a no brainer if the merger goes through I'm pretty sure. If it doesn't look out below. Watch for huge blocks going through and that may tell the story where its going. Of course they could release news after or before the bell and it will be gap city.

Don't tell anybody but I'm at the point in my portfolio whereas If this market breaks down more from here I am going to have to sell something fast to keep from getting a margin call. I just got killed in TAVA :( and ACRT isn't helping. That's me...always living on the edge
regards,
John

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