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Technology Stocks : Jabil Circuit (JBL) -- Ignore unavailable to you. Want to Upgrade?


To: Rosemary who wrote (3717)5/7/1998 9:30:00 AM
From: Willsgarden  Read Replies (1) | Respond to of 6317
 
Chart....14 day ma about to crossover the 50dma. oscillator firmly increasing into positive territory. DX (most important to many TA analysts) is very bullish at 50 and aiming straight up.
$40 is just closing the original gap down from 40 to 35. With a reasonable multiple, $45 should be easy to reach short term.
JMHO,
Bill



To: Rosemary who wrote (3717)5/7/1998 9:36:00 AM
From: Willsgarden  Read Replies (1) | Respond to of 6317
 
Open for four minutes and no bid or ask or trades????
I thought the NYSE would tighten the spread...it hasn't.
BM

WOW it popped while i was writing this.
block of 64,300 shares bought!!!!!!!!!!!!!!!!!!



To: Rosemary who wrote (3717)5/7/1998 10:08:00 AM
From: Dennis R. Duke  Respond to of 6317
 
I watched profits go to losses in October during the Asian crisis because I did not sell when I had the gains. I am a scared rabbit as a result. As to my Uncle Sam wanting his piece, I have a unique loss carryforward situation. So taxes won't be a issue unless I have some huge successes.

And I do trade an IRA and an investment account. JBL is in the investment account. And yes, the strategies are different by account type. No 30 day wash rule to think about in the IRA. If it don't pay today, say good bye and buy it tomorrow if it presents an opportunity. In the investment account, if you take a loss, your out for 30 days. Even if the stock is a buy within that time period.

Covered calls is a good strategy, and I thank you for reminding me.

Alan Greenspan is speaking at 9 a.m. PDST. It will be on CNBC. I expect he will say something that hurts the markets and not the general economy. So I am being cauious. For the first time in four years I have a cash war chest waiting for bargian hunting. Still holding 1,400 shares long on JBL. Do not really play in options.

Later, Dennis