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Al,
LOL. Huh, hummm huhhhh. LOL. Actually I am
standing at the fence looking in. I wouldn't know
a good balance sheet from an average balance
sheet.
You know what they say Al. There are as many ways
to make money in the stock market as there are
people and ways to lose money. <G>
I just hope that I can make money on NWAC, that's
all.
I would also guess that those pure technicians
rely on a little fundamentals from time to time.
Don't let them fool ya.
Harley
Al Taglavore wrote:
>
> Harley! You have gone to the fundamentalist camp!!
>
> Al Taglavore
>
> ----------
> > From: Harley Meyer <meyer@xxxxxxxxxxx>
> > To: Metastock list <metastock-list@xxxxxxxxxxxxx>
> > Subject: NWAC
> > Date: Friday, August 28, 1998 2:48 PM
> >
> > After some thought I decided that I would go ahead and take a short
> > position in NWAC. I have a position of 50 shares at 28 9/16. I later
> > today took a short position of another 50 shares at 29 13/16. The
> > transports were up so NWAC must follow.
> >
> > This is a little speculative on my part as far as timing but by end of
> > year I can see NWAC near $20 per share.
> > Why?
> > In order of importance:
> >
> > 1- the global economic picture doesn't look good.
> > 2 - Increased costs do to higher labor cost accompanied with decreased
> > demand form passengers.
> > 3 - Expenses associated with the strike.
> > 4 - I am under the impression that the airlines will be increasing
> > capacity by adding more planes.
> > 5 - The code sharing between Continental Airlines will not go through.
> > 6 - The trend is your friend.
> >
> > Harley
> >
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