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Strategies & Market Trends : Set the Controls For The Heart of the SUN
IQ 1.940-2.0%Jan 16 9:30 AM EST

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To: Instock who wrote (221)5/20/1997 4:36:00 AM
From: Doug R   of 1156
 
Instock,

I would ONLY get into WGNR if it fits this scenario:

An initial move up after the open-
Then a move down, almost closing the gap but not quite-
Then strong buying as a signal to hop on board quickly.
It could be one helluva day trade if done right.
If it does start up, move down then get alot of buying,
set a reasonable target where you can definitely say your
not being greedy. Just take the money and wait for the next
chance it gives you. If I get in I would buy at 1 7/8 and
sell at 2 1/8. That seems safe to me. Of course if it just
takes off right away I'll wait for the next train to come along.

Check out the SRVC thread and IDTI. IDTI costs more but it's
a good one.

Doug R
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