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Non-Tech : FedEx (FDX) -- Ignore unavailable to you. Want to Upgrade?

To: Mark T. Heath who wrote (80)	5/19/1998 3:08:00 PM
From: Toby Zidle	Read Replies (1) \| Respond to of 524

Today's low ($61, so far) is the lowest price since Jan. 12. This means that over four months of gains have been wiped out, along with support levels around $63. With acceleration in its downtrend, do any tech analysts reading this think that the $55 support level will hold? 'Second Opinion' has had an 'Avoid' rating on FDX for weeks. Where are we headed? I am long on FDX and would sell except that I hate that 20/20 hindsight that says I sold at the bottom of a cycle. Any technical comments here?