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Strategies & Market Trends : The picks

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To: Jake's mom who wrote (4695)	2/11/1997 8:41:00 PM
From: Trader X	of 6124

Jakes Mom, BAY Networks..... On this matter I have to disagree with my friend Andrew. it sounds to me like you already own BAY, and are incurring losses. I don't know how much you're losing holding onto this stock, but tolerance is not a virtue when it comes to investing. This chart is sick. See it in real life: quote.yahoo.com Draw a line along the top peaks. That's a downtrend. see that even line at the bottom? That's support... at ~18. I had to go back to a 3 year chart to find the next level of support on BAY. It's 13. Ask yourself if you can stand to hold Bay if it swoons to that level. KH.

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