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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Rande Is who wrote (12299)9/15/1999 11:24:00 AM
From: Kevin Shea  Respond to of 57584
 
MOT .... need to be examined in the week/day/hour time frame..

MOT is working within a rising weekly channel (very good), currently riding the lower channel trendline (suggesting potential entries), a bit of consolidation around the 89 zone...which is past high and offers some support .....so weekly is positive.

Daily MOT has shown some past weakness likely leading to drop over last few days (on a bit higher than usual volume)after failure to break out over 100...right now sitting on support...if it fails here, look out below! will probably see 77 or so... Daily my "crystal ball" <G> suggests another couple of weeks before recovery..

In the 60 min (which I would use for any entry decision) I see neutral (meaning what you see in the price chart is basically what you see in TA)

Suggestion... wait to see if 87 hold and then enter after a few attempts to break down through 87...



To: Rande Is who wrote (12299)9/15/1999 11:24:00 AM
From: ALTERN8  Read Replies (1) | Respond to of 57584
 
MOT has been looking good to me for a while now, I asked you about it a few days ago but I think you might have missed my post... However I got my answer from your post today. Good day to get in MOT under 90, I just couldn't resist scooping up 500 shares.



To: Rande Is who wrote (12299)9/15/1999 12:24:00 PM
From: Bob  Read Replies (1) | Respond to of 57584
 
I will tender the GIC for MOT, good company to own now that they seem to be fixing the Iridium problem.

bobp