WTT-Wireless Telecom. Message Board

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Technology Stocks : WTT-Wireless Telecom.

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To: steven d. zapf who wrote (2160)	6/22/1998 4:10:00 PM
From: Richard Estes	Read Replies (1) of 2426

Right here with this fall from grace. The oversold condition made me expect a V shaped turn around to the 3.75 to 4.50 area. The best way to play WTT would be to use a 8 EMA with a 7 day lead. short enough to ride close, the lead slows it down some. If your software plots beyond the last bar, you know where the buy point will be for 7 days out. It would have given buy at 2.81 level. I watch RT, and use a MACD(13,34,89)and a 89EMA on a 5min chart. The MACD gave a buy at 2.81 friday also and gave a sell at 12:10 today at 3.38. but that is mainly for day trading. I think this move has more time on it.

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