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Non-Tech : Tyco International Limited (TYC) -- Ignore unavailable to you. Want to Upgrade?

To: luther yow who wrote (657)	11/12/1999 10:22:00 PM
From: Tom_	Read Replies (2) \| Respond to of 3770

Re <<Looks like I should have sold>> Why? Today's action can be explained by short-term factors. 1. It's Friday. 2. People who bought on spec that the analyst conference would produce zingers bailed when nothing emerged. 3. TYC was up 10 points from the 35 low (and there was huge volume buying 10 points ago), with a string of up days. Normal profit taking. Short-term players quite happily jumping ship. Of more import, IMO, is next week: 1. Greenspan. 2. CPI. 3. Options expiration. If TYC jumps through those hoops, then zoomo (it's a technical phrase). Ask yourself, what if anything changed today, fundamentally? Best wishes, Tom