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Technology Stocks : (LVLT) - Level 3 Communications -- Ignore unavailable to you. Want to Upgrade?


To: Walter C. who wrote (879)4/23/1998 6:09:00 PM
From: Don S.Boller  Read Replies (1) | Respond to of 3873
 
Walter C. : ARE THERE ANY GAPS IN THE CHART??????
Unfortunately, YES. See the posts # 37 & 38 of this thread
in the first days of Feb. Jerome and I spotted gaps at $22 and
36..............I am a believer in the gap theory which says, by
(my reckoning) that 90% will fill within 90 days...9% within 9
months....and 1% - "never"...must admit - have bought LVLT
for my own account at prices higher than those gaps - when it
appeared to me that "never" might be the answer. BUT don't
let my action sway you or any other readers...this is a highly
speculative company and not for the feint of heart. That having
been said - "the usual hedge clause included" - I will view any
retracement below $60 as an opportunity to add to one's
"risk portfolio".........................................................
BWDIK
Don