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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: BarbaraT who wrote (46976)12/17/1999 11:02:00 AM
From: Bryan  Respond to of 108040
 
Bought 2nd half of MSGI position @ 16 7/8
Keep an eye on MSGI 16 7/8 - 17
Has been in a recent down trend (from $23 to $15).
The consolidation in the last few sessions shows support in this area (16 1/2- 16 7/8). If volume starts to pick up as it approaches 17 3/8- 17 1/2, it could signal a breakout that will carry MSGI back up into the $20's. Just MHO. MSGI has a 52wk high @ $60.

B