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Strategies & Market Trends : Three Amigos Stock Thread

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To: Redhead who wrote (7895)	8/20/1998 10:00:00 AM
From: James Wright	Read Replies (1) of 29382

WAVO -- short -- downgraded this morning -- in free fall -- very big grin! See what I mean about support and resistance levels? The chart clearly was indicating that something bad was about to happen, and now it has. As I previously posted, I bought just as it slipped below its support level. Now it is down, down, down and that prior support will now become resistance so there is little risk for shorts who did the same. -- Jim

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