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Strategies & Market Trends : Multi-Day Momos

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To: Lawrence Burg who wrote (8)3/17/1999 4:20:00 AM
From: Lawrence Burg  Read Replies (2) of 397
 
PLDI...38/12...great IBuys last Fall..hot rumors...believable by accumulaiton the last few days. Volume down is a little unnerving, w/ the density around Noon...recovered late, though. May have been an EM group pulling the plug or traders, or even a multi-day shake. TM still holding. TA not significantly damaged .

The play: Still like it. It's been alternating days between green & red, with a green due tomorrow. Wait out the rumor. Keep tabs. Play the swings if they become more pronounced.
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