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Non-Tech : Invest / LTD
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To: The Ox who wrote (12325)3/2/2000 6:04:00 PM
From: SJS  Read Replies (1) of 14427
 
Mike,

I am amazed by this CNXT thing. Look at the chart again. It hit the 100 day MA only once in recent charting. I gotta believe that will hold. I've removed the 200 MA line on my charts recently because very few stocks I own are even near that line, so I get more graphical granularity if it's gone!

Anyway, no analyst support yet, and this is the classic "falling knife" we're heard so much about. Usually, you get the bounce, but it's been strangely quiet. Lots of people are trying to catch, and it seems to defy us all.

Saw a trade of CNXT at 5:56ET on CNBC ticker at 79 3/4....It's getting compelling to me. I think I will add tomorrow, too.

Let's hope the bottom is near.

Steve
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