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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?


To: Link Lady who wrote (16572)9/30/1998 6:38:00 AM
From: Link Lady  Respond to of 18056
 
Dow ends weaker, miffed by Fed's modest rate cut
infobeat.com



To: Link Lady who wrote (16572)9/30/1998 7:01:00 AM
From: John Hunt  Respond to of 18056
 
<< Is nortel still on your radar screen? >>

Hi Wendy,

Yes, but only for a short term trade. I can't see their foreign sales improving any time soon.

When and if I enter on a long-term basis, it will be on a double (W) bottom or a tripple bottom with only average volume on the second or third down leg, indicating most of the sellers are gone.

:-))

John





To: Link Lady who wrote (16572)9/30/1998 9:00:00 AM
From: John Hunt  Read Replies (2) | Respond to of 18056
 
Nortel stock gets hammered as rumours swirl

southam.com

Hi Wendy,

Here is another article on Nortel from today's Ottawa Citizen.

Looks like it is going to gap back up, so I am losing interest for a while.

John