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Strategies & Market Trends : DAYTRADING Fundamentals

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To: TraderAlan who wrote (1684)7/8/1999 3:21:00 PM
From: marketbrief.com  Read Replies (2) of 18137
 
MCOM is a rocket, wow. Hadn't noticed it (i'm out of the loop I guess ;-) )... it's a true parabolic, and the fellow here who is short it better know what he is doing... it's true that when parabolics break down they do so with a vengeance, but if you don't time your short entry well, you could get absolutely crushed. I believe another factor that keeps these things going up, which went unmentioned, is short covering, lol.

~Smart$
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