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Technology Stocks : WCOM

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To: Softechie who wrote (10151)5/15/2002 3:44:33 PM
From: John Curtis  Read Replies (2) of 11568
 
Softechie, et.al.:

..loaded up...

LOL! Well, I thought about it, but actually bailed at ~$1.34 on my traders position established lower today. Why? Oh....the only reason is emotional. You know...buy the rumor, sell the news/fact.

But don't get me wrong. I liked the CC. I like the fact new management "gets it" regarding timely communication with Wall Street. Restoring the 'ol "warm & fuzzy" is a definite must.

However, speaking from an intraday tactical trading point of view I'd like to see the buy/sell sides stop with the pile on mombo dance at $1.30. Back-n-forth and all around, the current dynamic seems to be all about holding it nailed to that level. Obviously this will change, but I'd like to see it first before re-wetting me toesies in the WCOM pool. ;-)

John~
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