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


To: Al Gutkin who wrote (3194)11/15/1997 3:23:00 PM
From: Ed Pittman  Read Replies (1) | Respond to of 10227
 
Al..
You were a G-man??
You may be right on Monday...Friday..it gapped up on the open right up to the downtrendline..Then sold off...Then the whole market took off Nextel followed breaking the down trendline..

Next week we are going to have to find neutral ground for options exp. on Friday.. They are taking it up to take money from the puts..Then they will take it down to take money from the calls..I think the 25 area is the neutral area..The most people are in that contract.

It has not reached my target area..so I'm still negative..My time frame has been pushed out into Dec.

i'm going to construct a hand chart..And another chart with volume and a closing price. I will see if it gave a buy signal with this last pull back. I could be wrong, and have been wrong before..Its just a hobby to me...

See ya on the road to sucess....Ed