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

To: robert cartelli who wrote (4517)11/6/1997 3:34:00 PM
From: John Veltheer  Respond to of 9124
 
Agreed, but QNTM still printed 27 7/16 last week. No one is immune to downdrafts. If I decide to liquid my Nov position in QNTM I would rebuy a later month if the price dropped.

Still holding though. A 5 or 10 minute chart of the last 3 days tells us the trend is still intact for QNTM. Once or twice a day a 50 or 75 cent spike (mast) is followed by several hours of decreasing volatility and consolidation (flag), followed by a new spike (mast) etc. Until a flag breaks down I am still in. tomorrow's econ. numbers are likely to be benign??? I hope ...

JEV



To: robert cartelli who wrote (4517)11/6/1997 5:50:00 PM
From: NucTrader  Respond to of 9124
 
Sold my last QNTM today @ 35 1/2. Still believe but don't like the "feel" of this market. In a down market, hopefully no downside below the 200 day ema........



To: robert cartelli who wrote (4517)11/7/1997 1:57:00 AM
From: GW  Read Replies (1) | Respond to of 9124
 
I agree, QNTM is underprice. Great time to load upmore on big sales for nice upward gain soon. Happy Investing:)


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