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Technology Stocks : CAWS - Cai Wireless Systems - Cable Modem Killer
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To: Randall E. Gann who wrote (168)5/28/1996 1:55:00 PM
From: chris431   of 2221
 
Randall,

It appears that the stock may have slowed a bit (thankfully for the day) and is simmering around 13 7/8 - 14 1/8. Does it look plausible or likely that an end of the day sell off could occur that could lower the price below its day low of 13 1/8 (and thus trigger my 12 7/8 stop loss) and then pick back up tomorrow greatly. Another question, given the morning volatility of CAWS (and many other stocks) could CAWS be a good opportunity to watch closely in the morning for its high (as before market orders are put through) and then sell when it cuts back a point or so, being that it may go lower and then buy again. This possibility occured on Friday and obviously today.

Thanks
Chris
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