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Strategies & Market Trends : Multi-Day Momos
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To: Lawrence Burg who wrote (155)6/4/1999 1:11:00 AM
From: Lawrence Burg  Read Replies (1) of 397
 
Well, the Connecticator got the crap kicked out of it today. I'd say CNKT is due for a pop tomorrow, as some oscillators are at better than a 6 month low. The overbought nature of the O's is of itself not an indication to uy, as there's no telling how long they'll hang there, but at under $3.50, a buy and hold-for-another-pop strategy gains favor on the percentage side.
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