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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: thebeach who wrote (18066)4/20/1998 11:29:00 PM
From: FES777  Respond to of 50167
 
Beach,

What about MCI(C). You know they pretty much own the "backbone" to all of this.

As you say, there has already been a huge run up. Especially with all of the merger mania around MCI.

Just some thoughts.

.....Eddie.....



To: thebeach who wrote (18066)4/21/1998 1:26:00 PM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
Thebeach: The market works both ways. On these lofty levels, one has to be careful lest he gets over-stretched. For me, I'll go with my strategy - long if the resistances are taken out, shorts if the supports are broken. But as you know very well, I work with a double close above a resistance or a double close below a support, so that should be the criterion. I wish you the best of luck for your strategy.