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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Chris who wrote (28602)	1/29/2002 11:33:41 AM
From: Terry Whitman	Respond to of 52237

put/call awfully low for a day like this. Speaking of picking off the weak.. >10:51AM WorldCom Hits New 52-Week Low (WCOM) 11.40 -0.60 (-5.0%): -- Technical -- Actually the stock has broken down to its worst level in more than five years. Today's sell off comes on strong relative volume. It's currently showing no real signs of a turn and the uncharted territory makes it difficult to identify a bottom. When or if a turn does occur look for modest overhead at 11.50 followed by more substantial resistance at 12.00. <