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Strategies & Market Trends : The Amateur Traders Corner

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To: Paul Kern who wrote (707)9/5/2000 8:58:53 AM
From: Paul A  Read Replies (2) of 19633
 
Careful shorting MSTR.. lots of momo players use this as their vehicle of choice regardless of the fundies.. A break above 33 is pretty strong so far as the chart goes.. Maybe a good buy stop at 33 if it opens in the 31-32 are.. or maybe 34 if it opens in the 33 and drops a bit.

TELK up another 1/2 point pre market.. GOTO took out 20 which was real important so I may buy this for a quick trade too. Watching WGAT for a short, also LRCX.

Man- QCOM is a hard stock to figure.. Now its moving higher while everything else is getting crushed.. Anything over 62 I gotta buy it again..
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