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Technology Stocks : Teligent
TGNT 0.0376-16.3%Nov 4 3:14 PM EST

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To: Orion who wrote (206)10/1/1999 5:17:00 PM
From: The ChrisMeister  Read Replies (1) of 270
 
Have to admit I'm much more of a technical trader of volatile stocks than a committed long term holder. Considering the general market conditions lately, I've been keeping a stop 5% off the highs for the move (51 5/8 early today) -- so I got taken out at 49 1/8 a couple of hours before the close. Am content to sit on the sidelines with a quick 3 points and watch. Low volume means practically anything could happen regardless of the fundamentals, which are really hard to know what to do with. They could justify almost any price depending on which ones are being looked at. But when good news is being ignored it's not a good sign.

* ChrisMeister
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