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Technology Stocks : WCOM -- Ignore unavailable to you. Want to Upgrade?


To: BWAC who wrote (8659)4/19/2001 11:31:51 PM
From: el paradisio  Read Replies (1) | Respond to of 11568
 
I've notice long time ago that WCOM is a safe play in Nasdaq downtrend....but,when I've got buy signal on Nasdaq,
I sold WCOM and bought tons of momentum stocks like JNPR,CIEN,MERQ,QCOM,RFMD...
I think Nasdaq has some more room to go higher and WCOM may finally join the party.
It looks, a strong base is forming at 19-20...the question is whether this base will hold and act as a future support.
This end of the day rally must continue tomorrow to confirm upside direction...
Regards,
el