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Technology Stocks : Newbridge Networks
NN 14.21+1.7%Nov 28 12:59 PM EST
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To: pat mudge who wrote (6270)8/31/1998 4:34:00 PM
From: Doug  Read Replies (1) of 18016
 
Pat: Not quite. NN has broken thru its 200ema whilst the leaders are above theirs. This means the rising tide gets to them first.

I cannot believe how uniform the pain was.It seemed to me that selling prices were fixed in terms of percentages irrespective of their past histories or previous drops. Most Networking Midcaps got slammed -11.3 to -12.5 %. Under such circumstances, fundamentals,T.A all go by the Board. (Baby & bathwater)

Lets hope that the high tide you keep referring to floods in tomorrow.!
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