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Technology Stocks : BMC Software
BMCS 0.00520-36.6%Nov 3 2:14 PM EST
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To: Susan Saline who wrote (1388)8/30/2000 12:25:53 PM
From: michael97123  Read Replies (1) of 1492
 
I used my "feeling in the gut" method of trading. 4 off from yesterday highs set a couple of days ago. Must be a wall of stock at 30. I think the round numbers play a role when a stock gets killed like bmc did and goes thru all support. Figure buy this lot at 25 and sell as it approaches 30 again. But I am still long my original shares and the shares I bought at 19 15/16 and intend on holding those at least until we get to 40. But I think I see an opening in here. Usually it goes a point or so lower before it comes true so your 24.25 entry point might be reached.
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