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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (25740)3/25/2000 3:14:00 PM
From: Johnny Canuck  Read Replies (1) | Respond to of 68311
 
Sold a partial position in MTZ at 78 1/16. The revised target based on more optimistic numbers from the upgrade on Thursday is 84. I am setting up for a trading break soon. I don't think I am going to hold some trading positions through earnings. MTZ usually is pretty quiet between earnings news so there should not be much to push it higher between now and earnings except the momentum of the overall market and possibly upgrades to related companies. We are entering spring/summer their peak revenue months as much of the construction work is weather dependent.