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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (17518)4/13/1999 1:58:00 AM
From: genaro  Read Replies (1) of 34811
 
How far they will push it is hard to say.

If it was me I would look to get out above 3 7/8, or for a 1/16th profit, which ever comes first.<ggg>
Right now it is being played in only one channel, #daytraders, that I know of. If it makes it to more channels, no way to guess. My experience says it will be forgotten in 3 days. The good scalpers will be out already. some will have bought at the top and be stuck, hold for 2 days and take a loss if the mm's hold firm. If they let it run, the scalpers will be back.
With 10 mil float and a nice run today, a %522 increase in volume ,it is now on the radar.
CAMP is now unpredictable, and subject to manipulation, IMHO.
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