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Technology Stocks : METRICOM - Wireless Data Communications -- Ignore unavailable to you. Want to Upgrade?


To: mike cobble who wrote (2516)11/10/2000 9:32:48 AM
From: John Curtis  Read Replies (1) | Respond to of 3376
 
Mike: Questioned my decision.... LOL! And haven't we all had moments like that, eh? Anyway, I've managed enough success playing MCOM's pattern that I'm now at the point of playing it until the first time it fails and I take a loss. Then I'll sit out and watch for a time.

Today is a key day in determining what I do next. ;-) 'Course...it'd be nice if the 'ol U.S. of A. could get its political house in order. I tell yah....it just gets stranger and stranger "out there" across the land.

Anyway...I see MCOM's starting off to the downside with its characteristic hammer of the bid on every downtick; but the market isn't starting off too well, either. Let's see if my entry point of ~$12.5 gets hit in the first hour, like in times past. By the way.....the "odds" of a bull trap occuring within the first hour of market open increase with every day the current pattern is maintained. So watch for THAT, too! ;-)

John~