Worldcom under $1!!?? support, resistance

S

SilverBullet

So what would you suggest the best way is to trade WCOM around a dollar? The support was certainly quite weak there today, and resistance was fairly untested at this price all day. Barchart.com has the following points of interest for WCOM:

1.26 pivot point 2nd level resistance
1.08 pivot point 1st level resistance
.98 pivot point (acted as resistance once under 1$ today)
.80 pivot point 1st level support
.70 pivot point 2nd level support

Sometimes it will tank 5 cents while the futures are ripping, and sometimes for no reason apprently. So I was wondering what you guys thought about playing these points.
 
Yeah, I've made almost as much this year trading long distance services as I've made trading stock.

3 checks from att

airline miles from MCI

And I almost switched to Sprint, but the dude in the black trench coat showed up and started pestering me, so I told him and that damn hand that shows up when I make hamburger to get lost.:confused:
 
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