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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Bull RidaH who wrote (36423)1/15/1999 10:30:00 AM
From: Bull RidaH  Respond to of 94695
 
Plonk's Pick of the Day:

JCI (Johnson Controls) has recently broken out of a large flag pattern .
techstocks.com

The stock is currently at 61.43, and the target of the flag breakout is 73. The bottoming pattern in October projects to 80. So there you have it... A safe 33% return in the next couple of months, with half of that probably coming in the next couple weeks, in a stock safe enough to put your grandmother in. They have options as well.

They just today reported better than expected earnings, so this opportunity is quickly leaving the station.

Regards,

David

P.S. I'm a shareholder AND a big consumer of their products (aren't we all?).