METRICOM - Wireless Data Communications Message Board

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Technology Stocks : METRICOM - Wireless Data Communications

MCOM 0.00520

-13.3%

3:02 PM EST

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To: rrufff who wrote (1521)	7/17/1999 4:06:00 PM
From: Eski	Read Replies (1) of 3376

""As for the longs, we can sit back and enjoy knowing that the trend is up if you don't look minute by minute and that the supply of stock is very small."" Rruff, You are so clueless and I'm trying hard to be respectful,What makes you think the trend is up? Have you seen a chart lately on MCOM, geez the trend is down. What makes you think Monday it's going to be up. If I was going to invest in MCOM I would wait till the the Downward trend is clearly broken and I don't see that happening till a while from now. It made get a spike here and their as some shorts cover but it will be back down again till it finds a home in the mid 20 to 30 range. Volume slowly evaporating. Without any news etc this stock will slowly get weaker and weaker by the week making lower lows and lower highs until it consolidates. Short term TREND IS DOWN NOT UP don't fool yourself. Gook Luck.

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