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Strategies & Market Trends : WR's Momentum Trades

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To: Jim Spitz who wrote (3665)1/29/1999 11:52:00 AM
From: Tom Allinder  Read Replies (1) of 11130
 
Agree, Jim... Floor on CELN seems .80 which is very encouraging. If it gets above .94 on the bid it could close over a dollar. Important to note that a lot of people still haven't seen or absorbed the news. The movement last two days will get attention over the weekend. Strong finish could lead to another gap on Mon. Maybe a multi-day run.

Tom
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