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

To: Bernard Ng who wrote (8765)11/7/2000 7:23:09 AM
From: ChrisJP  Respond to of 11130
 
Hi Bernard,

Well all tech was weak yesterday. I sold the INSP, kept the NEON, which sure, sold off yesterday. I gotta learn to sell on those vertical 2-point spikes, and buy back later, lol.

Jury is still out on NEON, IMO. I don't expect it to do its thing in one day.

MTON -- forming a flag with the resistance at 15ish ?

EXDS -- looks like an uptrend too, but might be stalling out now at 35.

Regards,
Chris



To: Bernard Ng who wrote (8765)11/7/2000 8:39:24 PM
From: ChrisJP  Read Replies (2) | Respond to of 11130
 
Well Bernard,

I'm not sure what got into NEON today, but my only complaint is that I didn't buy more, lol.

INSP and EXDS ... jeez everytime INSP bursts up through 25 it backs off, same with EXDS at 35. Is this usually the prelude to a breakthrough/breakout ? Or do you think the resistance is too great.

CTXS -- another one I saw perking up yesterday -- kicked butt in after hours on no news.

Take care,
Chris


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