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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?

To: Wayne Rumball who wrote (7901)	7/20/2000 10:50:00 AM
From: Jim Spitz	Read Replies (1) \| Respond to of 11130

Wayne, FYI, I have been slowly trying to accumulate a little UVEW at 1 3/4 or lower, but MMs not cooperating. I have a little already, but after I changed my bid from DAY to GTC, they stopped lowering their bids the next day. BASTDS. I think this is a bottom and am waiting for earnings, which I believe will show improvement again. I still expect them to be losing money, just less of it as they crawl back toward profitability. Also, they are due for news again which can move the stock, at least for a day or two. It is not a long term position. I have made money on it before by doing this. I always sit on the BID, though so as not to move the stock. Stay in the Black! jimS