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To: jgideon who wrote (345)	12/14/1997 1:27:00 PM
From: Dale Baker	Respond to of 118717

Three ideas come to mind: --If you are going to day trade short based on the pattern you see, then set a limit order for your short and as soon as it executes get a limit cover order in, i.e. if QNTM opens at 19 set a limit short at 20. Once it executes, immediately get a stop-limit cover order in at 19. The stop order will take care of the timing issue. But you have to watch it like a hawk. If you can't cover by late afternoon, consider covering at the market and don't take the position home overnight. Likewise watch if the position goes against you and decide that you will cover at 20 1/2 for a small loss. Overall, I wouldn't day trade QNTM in its current condition. --Option 2 is to buy and hold, even if QNTM drops another 3-4 points and you have to wait six months to see a profit. Eventually this sector will be back. I don't like buying losing positions and holding thought I have a couple in my portfolio right now (BROC, TSSW, NRAG). --Option 3 is to wait for a confirmed turnaround (like QNTM breaking 23 or 25) then buy in with a target of 30-35. You miss the initial runup but you have some insurance. QNTM looks like Barry Sanders right now; great head fakes, jukes and jives but you can't be sure where it's going until it's long gone. Personally I plan to watch the DD sector for a turnaround then dive in. TA will help. Good luck.