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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-23.5%Nov 7 11:47 AM EST

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To: Wayners who wrote (24027)11/4/1998 3:43:00 PM
From: joe  Read Replies (1) of 45548
 


Wayne, good post. I'm trying to think about setting those
sell/buy stops. Just need some time to let it sink in.

I would like to sell the shares, and wait for the downturn,
which I can predict with about 60-70% probability. But, I
need to set the stop buy at a price slightly higher, in
case there is not a selloff, the stock fakes me out,
and it starts to go upward. (This just happened about
a 1/2 hour ago, but a little bit after the fake out, it
dove like like a lead ball).

>>Only try trading top 10 volume/#trades stocks on the day.<<

Wayne, if you're waiting for a stock to pause on low volume,
then it wouldn't likely be on the top 10 list of highest
activity, would it<g>? I guess you might be taking about
stocks that *usually* trade in the top 10 volume list?
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