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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Chris who wrote (32495)3/19/2002 11:08:46 AM
From: Todd Reichardt  Read Replies (1) of 52237
 
The wireless stocks selling off today, fairly broad move with a lot of the stocks off 2-3% from yesterday. Caused me to look closer at my WMH position which is now in the red.

I think the sell off is suspect. The volume traded (on the individual securities, no WMH) has been declining since the recent highs and is very low today (so far). The volume isn't confirming the size of the selloff today IMO. Watching closely and may pull the plug on WMH if prices continue to deteriorate or if volume picks up and starts confirming.
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