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

To: Ken Benes who wrote (4797)2/22/1998 7:56:00 PM
From: Ed Pittman  Read Replies (1) | Respond to of 10227
 
Ken..
I looked at the TVI chart of Nextel...You are right it had large accumulation coming in on Friday. As a matter of fact the person that runs the site said if I was short the stock, it might be a good time to cover..Well, i'm not short the stock.. One that had large distribution was MSFT...
Ken I agree with the Telecommunication stocks..I have all the baby bells and AT&T...I also want to hold a position in Nextel. I think Nextel has a place in this whole puzzle.

Thanks, again..
Ed



To: Ken Benes who wrote (4797)2/22/1998 9:18:00 PM
From: Arnie Doolittle  Read Replies (2) | Respond to of 10227
 
Ken, your comments re institutions accumulating stock affirms my recent comments about higher highs and higher lows since mid December and, more recently, the bullish triangle that has been forming on the day chart. This stock wants to go higher and its only a matter of time before it proves it to even the shorts and the bears.

Arnie


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