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Technology Stocks : Network Appliance

NTAP 112.94

-0.7%

Nov 7 9:30 AM EST

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To: Uncle Frank who wrote (4454)	9/20/2000 11:32:18 AM
From: HairBall	Read Replies (3) of 10934

Uncle Frank: Thanks for the kind words and the invite. First, let me say I am no investment guru and am somewhat uncomfortable giving individual stock investment advice. So, I will just provide you a look at some of what I have been using to trade/invest NTAP. A intraday chart would be helpful, but I only have the time to post the daily today. My QChart – NTAP (Network Appliance Inc) Daily Semi-Log Chart Note the rising trading channel (dark blue lines) since April of last year. If this pattern continues to constrain the upward oscillations of NTAP, it is near at least a short-term if not medium-term top. I would look for a pull back soon. My intraday technicals suggest this pullback may already be in progress. As always time will tell.... marketdirectionanalysis.homestead.com How to Interpret My Charts marketdirectionanalysis.homestead.com Current overall market conditions suggest caution for long positions. Stop loss points always work for me. My Nine Trading Rules marketdirectionanalysis.homestead.com Regards, LG Disclaimer: The above is my opinion only and I reserve the right to be wrong. Do not base any investment decision solely on any one person's views or analysis. Do your own research and take responsibility for your investment decisions.

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