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Technology Stocks : Net2Phone Inc-(NTOP)

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To: Jeff Sutton who wrote (810)10/10/1999 3:14:00 PM
From: AGORA   of 1556
 
Jeff, daytrading any company is a challenge. In our opinion, the necessary weapons of a day trader are fast equipment. Anyone trying to day trade using a regular on-line broker is at a severe disadvantage. As you request "tips" you might find the following to be helpful:

agoracom.com

With respect to NTOP, it appears to be at a short-term low period. Definite support at 50+ with resistance at upper 50's. As such, you may want to buy and hold until it breaks one of these two points. Cut your losses at 48 or add and ride at 62-63.

Regards,
AGORA
agoracom.com
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