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Non-Tech : Invest / LTD

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To: waverider who wrote (2758)9/10/1998 2:05:00 PM
From: Melissa McAuliffe  Read Replies (1) of 14427
 
H,
I've got the same question for cci. The other day it was down 50% and I was starting to wonder how much lower it could go. The good news is it went even lower.....

I use quotes plus for my charts. I don't have the current release so my charts only go back 2 years. I especially like these stocks where I can't find any support in the last 2 years.:) CCI and BT both fall into this category as I'm sure do many others these days.

This brings up a question.....how valid are support levels that go back this far. I don't know about anyone else but I'm having a hard time setting target prices these days. Everything just keeps going lower. Maybe better than setting target prices to exit these trades would be to just see what happens when the stock hits its next support level... What do you think?
Melissa
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