METRICOM - Wireless Data Communications Message Board

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Technology Stocks : METRICOM - Wireless Data Communications

MCOM 0.0165

-8.3%

Dec 12 9:30 AM EST

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To: John Curtis who wrote (2620)	11/16/2000 11:42:44 AM
From: rrufff	Read Replies (1) of 3376

I've been treating my trading shares similar to you although not quite as mechanically fixed on timing. Seems like you've done well on the patterns. Today does look a bit different. I think we're having an intersection of the day pattern with the longer wave. To me, this has happened when there is a major move either up or down. I've been keying on 15 and 18. I think today's attempt will be to keep it under 15 on volume. The quotes you list, hitting the bids, pushing the bids, tend to support that. So - as with Florida - wait and see. If they can keep it down, it can go lower. If they can't, particularly if the market closes fairly strong/neutral, then I think we see a major move up soon. Of course, long we have to get above 18 which is where this wave and the subset of shorting started. This is a company where PR controls over technical factors but the market has helped the technical trades. However, one decent announcement about subscriptions might do it or an alliance with MSN or AOL. Good luck.

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