The 56 Point TA; Charts With an Attitude Message Board

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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Instock who wrote (17645)	5/27/1998 2:38:00 AM
From: Doug R	Read Replies (1) of 79273

MTON is more likely to just go more or less sideways from here for a little while. It's quite volatile and best played at the extremes. As far as shorting it goes, it's definitely not at an extreme that would be conducive there. The co. had an upside earnings surprise last quarter and if that becomes a trend (which I think it will), the next extreme would be a great opportunity to go long. The correction might provide that opportunity but I wouldn't count on it considering how much it's pulled back so far. Doug R BTW, I'm still long MTON and in accumulation mode.

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