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To: robert duke who wrote (19674)6/2/1999 6:50:00 PM
From: HECTOR RUBERT  Read Replies (1) | Respond to of 41369
 
To Robert and All Longs,

Today's activity was very reasurring.....the rally we saw was nothing but SHORT covering due to no interest rate hike comments from Greenspan.

What I found reasurring was that the SHORT's set the support at 105 today. Meaning, the bleeding was held to 105. That said, we stand at 110 only few points from support.

With earnings a few weeks ahead...does anybody really believe we go lower? Come on.

Perspective: At 110 we are roughly 5 pts ABOVE set support of 105.

Perspective: At 110 we are roughly 65pts BELOW set high of 175.


Question is: 5pts risk........for the potential gain of 65pts?

Question is: Downside risk of 4.5% VS Upside Potential of 59%?



You all know were I stand.

Best Regards,

Hector



To: robert duke who wrote (19674)6/2/1999 10:52:00 PM
From: Ed Forrest  Read Replies (1) | Respond to of 41369
 
Robby
>Ed , don't you go to church and watch tv<
No I don't go to church to watch TV.I have a really big leather recliner in my front room where I do my watching.
Ed