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Technology Stocks : WCOM
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To: Jacob Snyder who wrote (6431)4/13/2000 2:48:00 PM
From: el paradisio  Read Replies (1) of 11568
 
Jacob,still support is at 42-42 1/2 area,but during the
correction if it will go for a short time below that value,it is marginal issue.The same will apply for the brakeout,If we will brake 45 5/8 area and we will stay there only fot a few hr, I would NOT call it a brakeout.
I has to stay above that level for a little longer.
Still be carefull with your QQQ puts,direction is not sure yet,but I think,it can be bullish.
I do not expect WCOM to go below 42.
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