Mare, in these things it is difficult to tell. However
my take on all this is that technically we had a change yesterday.
With the Naz crushing and Dow anemically up 3 points,
NN staged the best run up yet, 4 1/4 point, in at least one
year, on big volume, breaking through 3 resistance points,
26,27 and 28.
So far it has only given up ~7/8 of
yesterday's gain which is great.
Selling volume has dried up at 27.
The Bollinger Bands are
now tightening which means that soon it will break on the
upside again.
I decided not to wait for lunch, and added at 27 1/4.
It is difficult to time these. I will continue to add,
TA
Message #16693 from Mare Britton at Jan 27 2000 10:09AM
Hello Tunica: There's a pull-back now or is this just a ripple? (Holding on and expect to buy mnre today too.)
cheers, Mare |
