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Technology Stocks : WCOM
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To: John Koligman who wrote (6626)5/16/2000 11:04:00 PM
From: Jacob Snyder  Read Replies (2) of 11568
 
Yes, that does seem to be about the trading range, and it really isn't wide enough to do much with (make money on, I mean). I've been trading CMH, a smaller cap, in a range of 8 to 10. They are interest-rate sensitive, so I expect to get back in lower, soon. But this is just to keep from being bored, while I wait for excellent prices. The real money is in the longterm positions: buying WCOM in the 30s, MSFT in the 60s, and holding for a double or better.
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