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Strategies & Market Trends : WR's Momentum Trades

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To: Wayne Rumball who wrote (5385)2/10/1999 7:55:00 PM
From: Due Diligence  Read Replies (1) of 11130
 
Possible Momentum for MRPS. First GM last week and now a $3,000,000 order-signed and sealed. And no hype or real increase increase of stock price before the news,either. But, I am somewhat excited. Might just watch first at the open and look for the dip, usually occurs 30-45 minutes later. Hate to see people put in market orders at the open. The MM's just love it. JMHO.
DD

quote.yahoo.com

MRPS close high low vol
2/09/99 .38 .46 .33 91900
2/08/99 .34 .42 .25 216800
2/05/99 .38 .38 .25 250100
2/04/99 .31 .38 .25 212600
2/03/99 .38 .44 .34 310400
2/02/99 .44 .48 .31 491500
2/01/99 .41 .50 .34 135700
1/29/99 .38 .44 .25 108600
1/28/99 .41 .75 .37 396600
1/27/99 .34 .45 .31 147700
1/26/99 .44 .45 .25 154000
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