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Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?

To: joe who wrote (17062)	6/7/1998 9:27:00 PM
From: Wayners	Respond to of 45548

Yea I'm not a bear or a bull. I'm a sheep. BAAAAAAAAHHHHHHHH! Whichever way the herd wants to go I will blindly follow. Made back half my losses on COMS by shorting it and will make back the other half going long. 30 min tick data is just a 30 minute price bar. I use quote.com. They allow me to export the chart data to Excel where I do some quick cutting and pasting to import it into WoW Pro 5.0. I take the dates and times and delete them and copy in a list of dates instead so that WoW accepts the data. Saves $1,000 on buying their day trader software. The limitation is you can't follow too many stocks with this method. Probably a good thing as you get used to trading just a few stocks and you can actually be up on fundamentals somewhat--even though that's definitely not my bag. I understand backward looking fundamentals but not forward looking other than looking at analysts earnings estimates. I have flexibility at work as well. They don't care when I get the work done as long as it gets done. I think I will be bailing early. The anticipation of a mid day rally on Friday caught me on my second postion of the day. I'm just going to follow the intraday stochastics and will look at buying again at the $27 1/2 support level with confirmation from stochastics--i.e. an imminent buy signal. I will try to post a two word message when I get the signal.