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Technology Stocks : WCOM

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To: BEEF JERKEY who wrote (10553)6/10/2002 7:52:06 AM
From: John Curtis  Read Replies (1) of 11568
 
Beef, et.al.:

WCOM has already had the livin' cr#p beat outa of it.

Yup. WCOM the equity got to that particular party well ahead of the rest. So it's not surprising it held up so well. Indeed, I kept watching WCOM all day Friday (probably like a fair number of others), and was impressed with the spectacular way it completely filled the slide it'd undergone from its prior high of ~$1.80. It recovered all of it in one magnificent surge. And this surge SHOULD be indicative of WCOM now being in fairly strong hands. At least.....through Friday.

But even so, these days I'm all about profits in hand and seldom holding/turning a trading position into a swinging one. I took profits Friday at ~$1.75, and am now gonna sit back and watch it carefully to see if it resumes Fridays wonder-run, or pulls back briefly on the usual TA oversold retrench, whereat I'll be buying again.

Let's see how it goes.....

Highlow
American Citizen
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