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Strategies & Market Trends : The Thread

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To: stan s. who started this subject2/2/2001 2:49:00 PM
From: Bryan  Read Replies (1) of 49816
 
MCDT:
This could be dangerous. Just bought 4 small pieces of MCDT here at an average of 54.5625 all in. Going to try one more time at $52.50 and that will do it for me for this week. We based down between $52-$54 for a while yesterday before Jim Cramer kicked it the keister. And looking a little longer out, $50 appears to be a good level of support. So I'm mulling over a sub-$50 stop level on a closing basis, but have to wait and see how the rest of today goes and what develops next week before I set a real stop.

With the NAZ below 2700, it makes the picture all fuzzy from the long's perspective. <g>

-B
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