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Technology Stocks : New Era of Networks (NEON)
NEON 2.145-5.5%3:44 PM EST

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To: Paul Viapiano who wrote (1079)3/27/2000 10:47:00 PM
From: Susan Saline  Read Replies (1) of 1222
 
funny thing ... a few days ago I looked at the chart of NEON and heard some mouth on cnbc spouting off about how it was one of his favorite stocks and blah blah blah

well he was trying to save it from falling further ... it fell anyways .... it is technical ... it was looking for that support line

there are just too many who take profit and wait patiently for a cheaper entry after stocks run up fast

and yes
neon was overbought at 90
heck a run from 55 to 90 in ... what ...?? a week it seemed

anyways ... it is now at support and back to a good entry

I doubt we will get any dive / dip in the a.m. ... it's just too oversold now and buyers will be jumping all over it soon

if dive/dip on open I can find entry

if gap up
I won't chase ... but will see how the market goes
and take possible partial position mid-day

I love trading NEON and have missed being in it ...

one of the best trading vehicle stocks for a over a year now
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