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Strategies & Market Trends : WELCOME TO THE CATHOUSE -- Ignore unavailable to you. Want to Upgrade?

To: Danfan who wrote (575)	2/23/2000 11:32:00 AM
From: ivan solotaroff	Read Replies (1) \| Respond to of 1065

MT Danfan, Being an NYSE stock, MT can't trade in units less than 1/16, which means bigcharts.com that this closed only one tick above the low. Generally, Doug likes to avoid signals that close to the low, for reasons today's actions are making apparent. It's moderately playable (with tight stops) if today doesn't make much further erosion on the low, or, of course, if it puts in sufficient volume on the new low already achieved. Looked at another way, it's a f$%king REIT, so maybe stay away? Ivan