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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Doug R who wrote (17376)5/21/1998 1:19:00 PM
From: LAWREAL  Read Replies (3) | Respond to of 79505
 
Have you any thoughts on CPMNY. Seems to be awakening from a slumber.



To: Doug R who wrote (17376)5/21/1998 1:46:00 PM
From: ChrisJP  Respond to of 79505
 
Hi Doug,

I took a chance a few minutes ago and averaged down on MTON. (I was the 200 share buy at 11 3/8). I can't believe I had the bad luck to chase this one into the 13s all because of the buying that occurred at the end of March ! Oh well, I hope you're right about the long term. If you are 11, 12, 13 won't matter much.

Regards,
Chris



To: Doug R who wrote (17376)5/21/1998 2:11:00 PM
From: shasta23  Read Replies (1) | Respond to of 79505
 
HI DOUG!

re MTON...you made a FA recommendation here. Do you also like it technically? It's trading close to key support around 10.75 but your MA/MLR 13 crossed over a few days ago and all the uptrendlines are broken now with todays action so far. I'm interested in buying this one but would you want to wait until the technicals are improving or would you jump in because it's so close to support?

stefan


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