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Strategies & Market Trends : LastShadow's Position Trading

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To: Susan Saline who wrote (6123)1/12/1999 2:07:00 PM
From: Dave Shares  Read Replies (1) of 43080
 
DCTI

I bought this a week ago at 7 1/4 but did not post because it seemed speculative and is speculative. But the chart at that level looked like it could give support, and when a stock spikes like this one did a while back, another decent spike is not out of the question.

There is a relationship with AOL, and of course this spawns many rumors. I am not one to buy on basis of rumor, in this case, the chart seemed good, risk/reward seemed good, and I guess maybe one day I'll wake up to find some good news that may move the stock, so I'll hold for the time being.

I can't offer much in the way of fundamentals.

David
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