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To: Judy who wrote (24533)3/20/1999 10:14:00 PM
From: Michael Rich  Read Replies (5) | Respond to of 50167
 
Judy,

Here is a list I see good cumulative block action:
AHP, AOL, DIS, GE, GTW, HAL, HD, HWP, IBM, INKT,
LLY, LSI, LU, MER, MOT, MRK, NKE, NT, PFE, QCOM,
QNTM, SAP, SLB, TBH, TXN, WLA.

Let's see if some of these will turn out to be expensive
fishes.



To: Judy who wrote (24533)3/21/1999 1:57:00 PM
From: Dave Shares  Read Replies (2) | Respond to of 50167
 
KEA

Dear Judy,

I have great respect for you as a trader and as an analyst.

I am looking at some charts today, and notice how badly KEA has sold off lately.

In the past, I have seen KEA in the 20s and thought about taking a position, did not pull the trigger, have seen a nice gain and have been disappointed to have not taken any position. Other than general sector weakness, I have not seen anything specific to KEA to indicate any fundamental weakness at this time.

So let me ask you this, given that KEA is at a level where it is below any kind of support I can see, would it make sense to enter a position when it crosses back above its 10 day EMA, which is now slightly below 27 ? This appears to have been a decent strategy in looking at historical charts. Entry now at a point below any kind of support seems too risky, and I've never been a good bottom fisher.

Your opinion is a valued one to me.

Thank you and best wishes,

David