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

To: Ken Benes who wrote (5756)	4/21/1998 5:00:00 PM
From: Al Gutkin	Read Replies (1) \| Respond to of 10227

Ken: Does the following scenereo make any sense? Nextel suffered a big setback by heavy selling. Nextel now is in the S & P 500, must be inventoried by certain firms. In order to protect positions, the stock must rise to a predetermined sell point, so the firms can sell and rebuy lower. .. If the above is true then how about this as a possibility: .. Tomorrow, the stock will rise to that pre-determined position, then, another sell off. .. Tomorrow, Nextel may rebound by gapping up at the open, then falling backward during the day. Or perhaps, hold firm at the morning gap up throughout the day before turning down. .. The "buy in" should have been at the close today, easy money to be made first thing tomorrow morning. But what do I know, I sure can't spell without a spell checker. Al G.