SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : F5 Networks, Inc. (FFIV)
FFIV 260.41-0.1%Dec 23 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: gloff who wrote (1099)6/22/2000 6:22:00 PM
From: prybior   of 1801
 
gloff,

"1. The Nasdaq is up 1000 points in less than a month. Time to correct."

I think, even though the Naz was down today by more than 3 percent, FFIV did very well in this bearish environment. Imagine what could have happened if the overall market remained in it's up trend! But of course, even FFIV won't be able to withstand a major market decline for a couple of days.

"4. There was a gap up from yesterday's close of 46 11/16. My guess is that window will be closed. I'm always amazed how gaps are so consistently filled."

I had a closer look at the chart (http://www.stockmaster.com/exe/sm/chart?co=b&ci=I%3ASPX&ma=n&UPT=5562&m=3&Symbol=FFIV) but could not find any gaps during recent days. You can find one end of April 2000 when F5 broke through the $50 support for the last time. I consider this as a gap which could be filled very soon (or later).

My $0.02
Andre
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext