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Technology Stocks : Harmonic Lightwaves (HLIT)
HLIT 8.845-3.9%3:59 PM EST

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To: Hiram Walker who wrote (925)5/21/1997 10:26:00 PM
From: edwin mok   of 4134
 
Tim, bob and others,

I knew it would happen like this! I thought to myself last friday that for once I would hold onto my shares of HLIT instead of selling on strength and guess what, it tanks. I agree with everyone that HLIT is great company and has a bright furture but let's face it, it's a trader's stock, no question about it. It seems to me that many in the market believe this fact and therefore drive it down again. TA rules, in this case. Any TA out there care to comment? I found out that RSI is a perfect indicator for picking the highs and the lows of this one.

-Edwin
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