PWJ Paine Weber thoughts? Message Board

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Non-Tech : PWJ Paine Weber thoughts?

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To: maurice18 who wrote (20)	8/27/1998 8:51:00 AM
From: Rob L.	Read Replies (1) of 47

Financial stocks are taking a beating. TRV down 30% in last several months. Volume on PWJ is low so don't read too much into it. PWJ has always been very quiet on merger rumors and market weakness is not always the best time to merge. I bough at 47 and sold at 49 and I am now looking to re-enter at 42 or better. Looks like I will get my wish today. There is a gap to be filled in the 48 range. Most stock fill their gaps at some point. Here is a good chart. Bollinger bands suggest a bottom near 42 in addition, it bounced off 42 several times in the past indicating strong support in this area. askresearch.com Good Luck

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