Multi-Day Momos Message Board

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Strategies & Market Trends : Multi-Day Momos

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To: Lawrence Burg who wrote (264)	8/19/1999 12:08:00 PM
From: Lawrence Burg	of 397

CCEL as a paper trade after Friday was perfect, breaking thruogh $5 in 3 days. It's now dropping on minor volumes. I figgered the bottom might be $4.25 or so. Now 4 7/16, w/a low of...hey! 4 1/4...;o) Let the volume go dry for another day or two to see how the technicals do; watch the DMIs, ACC/DISTs, MACD, etc for bounces. Also pay close attention to the volume & 5-day for a trend break back to the upside. This fits the profile for a second pop...good for 25%...

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