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To: V. who wrote (13045)	3/31/1998 3:40:00 PM
From: Steven Messina,L.M.T.	Read Replies (2) \| Respond to of 17305

Am holding on the WDC move.......looking to get back into CPQ today before the close. I bailed at $26, now she's heading down to 25 1/2 again..my original entry. Looking for 1/2 pt moves here and there. CYMI is also attracting my attention, as I bailed some time ago at $20 to get into CPQ. CYMI's testing $21 on/off....$20 looks juicy. It's 3:41....have to make a decision. I feel Butt Nekid !! Boi

To: V. who wrote (13045)	3/31/1998 3:56:00 PM
From: Trader X	Read Replies (1) \| Respond to of 17305

re WDC, re: different strokes, re: buy opportunities What Ray is looking for is his form of confirmation of a continued uptrend. Waiting for a pullback doesn't confirm the present or future uptrend, even if it does offer a better buy-in. I'll often await a HIGHER price before committing funds, since I like a confirmation also, altho I don't personally use ma's for confirmation purposes. A pullback could actually be the start of a trend reversal, catching you on the wrong side of the trade. I like to use pullbacks directly after breakouts as confirmation of both the uptrend and support. In a general sense, for 95% of investors, I think right now is a great time to get into WDC -- but waiting for confirmation of the uptrend with a break over $20 is prudent. If the current action is a fake-out, a backtrack to 16 might actually indicate lower prices ahead, not higher. X