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Technology Stocks : TranSwitch Corp: Will they get Zenith Business?
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To: Gustaf who wrote (452)10/23/1999 11:09:00 PM
From: SJS  Read Replies (1) of 669
 
Crap shoot.

Yup......I'd probably sell the 50's or 55's on a strong up day this week. Don't think it will get there.

Stock's gotta base. It just tested it's 200 day MA. Let it get healthy. If some of the technicals indicate a large momentum change in the next few days.......well, I'd still be a call seller, but I haven't seen that yet.

It's just bouncing from severly oversold.

If you believe that strongly that it's going up, sell PUTS.

JMHO,

Steve
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