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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin!

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To: Trader X who wrote (6295)9/27/2000 10:10:12 AM
From: Patrick Slevin  Read Replies (3) of 7434
 
Stock, WAVX

Have not taken a position there yet, Kevin. Have it up on a screen but regardless of the potential of the company I've been concerned that the market and in particular this sector does not support a posture as yet. Concerned about a double bottom at 15.625 in particular on the chart.

Still bullish from a technical POV? I'd like to see it sustain a move back to 19 and preferably 20 before I sensed comfort. Other than the chart my knowledge of the company is zip.
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