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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Ron McKinnon who wrote (40670)	6/17/2002 8:25:41 AM
From: Joe Stocks	Read Replies (2) \| Respond to of 53068

>>>I'm thinking of taking on a new position today in KRB, for the Z also any input?<< KRB is probably the best credit card company out there. The chart shows it is sitting right at support. I would wait for a bounce off of support technically and fundamentally I would probably look else where. Credit is coming under increasing pressure as consumers appear to be showing signs of getting tired as reflected in the charts of these credit issuers. I think you need an industry bounce to see krb go higher. Those are harder to come by than comapny specific. You may be interested in this post and the link. Message 17610943 Joe