IMRS racking up y2k contracts. Message Board

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Technology Stocks : IMRS racking up y2k contracts.

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To: paul e thomas who wrote (1893)	12/22/1997 11:21:00 AM
From: paul e thomas	Read Replies (2) of 3162

PAID PRICE FOR NOT WATCHING CHARTS After preaching about watching charts I sold 1400 shares @ 30 3/16 without looking. I had been following on phone nearly every trade and watched price run up to an ask of 31 1/2. If I had been watching charts I would have seen on a 5 minute chart the stock was significantly overbought on basis both of RSI ans stochastics charts. I used my intuition instead when spread narrowed to 1/16. BY the time I got my market in bid dropped to 30 1/8. MY market order filled in 2 parts.Now I have to wait until market drops again from oversold condition.

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