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Strategies & Market Trends : Z PORTFOLIO
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To: Ron McKinnon who wrote (2656)4/16/1999 11:15:00 AM
From: DanZ  Read Replies (1) of 11568
 
IRF.

Selling all 4000 shares at 10 3/16 from 7 5/16. While the stock could run to 11 1/4 before meeting weekly resistance, it could just as easily fall back on profit taking. The company released earnings after the close last night and investors like them, pushing the stock up 1 5/16 currently. Buy the rumor, sell the news. I'll look to buy it back another time, hopefully near 9.

Contrats to Sue, Marvin, and anybody else who bought IRF in the 7 area!

Dan
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