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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Postman who wrote (19005)8/13/1999 12:47:00 PM
From: myturn  Read Replies (1) of 25711
 
Your not an idiot. This story has only begun. The way it has bounced back today is a strong indication we will be going higher from these levels.

How high, I don't have a clue. The trading today has bullish signs all over it. The MMs have come back and filled the gap today from yesterday. That is a major plus. That is a very bullish sign.

The sellers have stepped out of the way.

The news is still on its way. I definitely see us closing above todays open.
I'm guessing in the .35 to .45 range.

The MMs are strong @ .25. The majority of profit takers and mo trader are out. Some of them will jump back in and pay more for it than what they sold it for today.

I have seen the investment package. I have spoken to the company and they have done every thing they said they would do. I spoke to them about 3 months ago. They told me they were looking to hire a PR firm to get the word out.

They told me one of the big PRs that would happen back then that they had a deal with British Telecom. Now, I call them and they are all hush, hush about it.

This could be the big news and why all the volume.

Some are speculating it could be an AT&T deal. They did say they were in talks with them also.

So, anything is possible.

WTAA
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