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Strategies & Market Trends : WR's Momentum Trades

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To: Wayne Rumball who wrote (2044)12/31/1998 11:59:00 AM
From: Provocateur   of 11130
 
The whole internet frenzy has gone into a deep chill. I like the ELCO news, but I'm still watching from the sidelines. There seems to be a lot of selling pressure. Day high of $3 5/16. Book value of $3.58, Float is 17 million. Momentum fizzled at 2 5/16. It's a half day though. If it shows some strength, I might buy in for a gap next week.

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