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Strategies & Market Trends : The Thread -- Ignore unavailable to you. Want to Upgrade?


To: Sosmartinov who wrote (10797)8/21/2000 8:24:45 AM
From: Mike E.  Read Replies (1) | Respond to of 49816
 
CMTN - no doubt, it's risky and it's volatile. I guess you could call this bottom fishing.

Chart not withstanding, I feel that CMTN took it's latest 15 point drubbing on false rumor of it losing a contract with Lucent. All bull - nothing has changed with its OEM relationship with LU.

The Harami cross indicates a possible reversal on a double bottom. Needs confirmation today on volume.

All, IMHO, of course!

Mike