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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: RinConRon who wrote (24131)3/8/2001 10:39:52 AM
From: Ken W  Respond to of 29382
 
Ron

Too bad you did not hold on with the RDRT short. It broke 8 1/4 this morning (although intraday) shows that they are willing to sell lower. Don't short it now, risk reward is not that good at this point. Look to go long at the 50dMA around 7.50.

PCOM might just test the damn 2 again, in which case I'll be a buyer again.

BVEW..playing the 30% retrace is always a good idea on nearly all big drops.

Ken



To: RinConRon who wrote (24131)3/8/2001 2:19:16 PM
From: Ken W  Read Replies (1) | Respond to of 29382
 
Ron

BVEW: You should be smiling about now. 2 7/8 to 3 1/4 is not too bad so far. Did you see the volume on PCOM this morning? Perhaps those contracts are not too far away. LOL

Ken


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