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Technology Stocks : NEXTEL -- Ignore unavailable to you. Want to Upgrade?


To: Al Gutkin who wrote (3089)11/10/1997 8:37:00 PM
From: Ed Pittman  Read Replies (1) | Respond to of 10227
 
Al...
There are some that don't want to hear stock prices ..They just want to go to sleep and wake up with their news reports...That's fine with me..But, I think the earning report was leaked out today.. It was an outside day.. Al you don't want my date for the low to come in do you? Or my prediction of price ?

Al you are right about Nextel going contrary to the market before.. But, Nextel is caught up in a normal correction the same time that the market is correcting..That's all I see..It just takes time to work out the weak hands..

I don't know of any pre-quarter run up..Who was saying it? I thought the move above $ 30 was an extended wave..Now we are in an ABC correction..

I have had my calendar marked when to buy since last month..And its not this week.

What happened to that $ 29 get out price.?
There is a chance of a rally, but it would only prolong the time frame. I'm in no hurry.<G>

hope this helps Al, and anyone else that wanted this info..

Ed



To: Al Gutkin who wrote (3089)11/11/1997 8:01:00 PM
From: Ed Pittman  Read Replies (1) | Respond to of 10227
 
Al..
I'm not going to give turning points for Nextel..Or my target price..But if you think Nextel is trending with the S&P then I will give you those turning points..
The S&P 500 Dec. is Nov. 18...Which is also the date for the U.S. Dollar to change trends..And if you can believe it is also for Gold.. So we could go up in the S&P tommorrow to the 18th, or we could keep trending down until the 18th..
Nov is the month for the bears and Dec. is the month for the bulls.. Anyway that is the way I'm playing it..
Hope that helps...It sounds like more questions than answers.<G>

Ed