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Mitsubishi Tokyo Fin. Gro (MTF) Message Board

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  • sedonalivin sedonalivin Sep 16, 2004 10:37 AM Flag

    Anaconda digests slowly...

    Good Post Imperial, that's a new way of looking at the current situation, the distressed volume would agree with your scenario, the 200DMA is at $8.49, MTF may break this in intraday trading but IMO it will hold, I'm looking at adding some shares in the $8.50 level, I Never Ever like to violate the discipline of NOT averaging Down, right now in my case it would only be a few cents, however, Buying Strong Co's with excellent future potential on Dips is always a wize investment, I like the approach by MTF Mgmt on the UFJ buyout, they are holding UFJ by the heels until March 05 for pricing, a shrewd move. LOL All,
    sedona