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Technology Stocks : PairGain Technologies

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To: victoria castello who wrote ()11/11/1999 10:47:00 AM
From: FirstDiogenes  Read Replies (1) of 36349
 
DOUG R -- PLEASE CLARIFY SOMETHING

(Your TA is much appreciated but. . . .)

On 11/8 msg # 34533, you said 12 7/16 was a <<moot point>> if PAIR went that low you would be gone long before that.

Today, 11/11 msg # 34579 you infer that hitting 12 7/16 would still be in the parameters of base building and upward trend.

I'm NOT trying to be a nit picker here, but am trying to understand your rationale and methodology.

Why is 12 7/16 a break down of trend on 11/8 but within the scope of the trend on 11/11?

Again, your posts are much appreciated. But you could clarify this point by speaking specifically to support areas. Which support levels are indeed critical to to the maintenance of the current trend.

Thanks in advance for the reply.

The water is dark and oh so Coooooolllllllddddd.
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