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To: Wayners who wrote (22196)9/23/1998 10:33:00 PM
From: Slide Rule  Respond to of 45548
 
Wayne,
would you please say a bit more about how "it all depends" ?
TIA



To: Wayners who wrote (22196)9/23/1998 11:02:00 PM
From: Wayners  Respond to of 45548
 
I watch the pace of the trades going through. If I see heavy hitting of the bids, I'll bail immediately. If I see equal hitting of the bids and asks such the price stays stagnant, I'll wait and watch--if it stays stagnant for 15 minutes--I'll sell. If I see lots of hitting of the ask, I'll hold on and wait and see how high it will go and when the momentum slows--then I'll sell.