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Technology Stocks : WAVX Anyone? -- Ignore unavailable to you. Want to Upgrade?

To: John Finley who wrote (8475)7/27/1999 9:00:00 PM
From: Smilodon  Respond to of 11417
 
Not sure where the bottom is John.

I agree, it is best not to be greedy, so I plan to cover in the high single digits. It looks like it has some support around $10, but the market for internet stocks seems really soft. If AMZN and YHOO are going down, you've got to expect WAVX to do the same.




To: John Finley who wrote (8475)7/27/1999 9:49:00 PM
From: Bob Kimball  Read Replies (1) | Respond to of 11417
 
Unless there's some lousy news about to break, this looks like a pretty typical selling climax. Time for shorts to cover and look for reversal point.




To: John Finley who wrote (8475)7/28/1999 11:52:00 PM
From: John J. Riley  Respond to of 11417
 
John, IMO it looks like 9.125 today could be the bottom. The volume and price action tells me it could be a reversal. It probably will retest 9.125. If it holds I'd be a buyer.


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