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Technology Stocks : Network Appliance

NTAP 115.99

+1.1%

3:59 PM EST

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To: Boplicity who wrote (6172)	3/8/2001 8:39:55 PM
From: Boplicity	Read Replies (5) of 10934

About a month I go I mentioned (the post I'm replying to) that the gap at 25 was in play, it was filled today. We are quickly approaching 20. Notice lower lines on the graph link below, a base should form around there as NTAP over shoots to the downside, unless something worse is happening. stockcharts.com[w,a]dbolnimy[de][pb25!b50!b100!b200!a25!a29!a15.625!f][vc60][iUc20!Ua12,26,9!Lb14!Lf!Lg!Lj[$spx]] Greg p.s. What's happening in the market is an amazing turn of events in the high-tech sector, something this investors has never seen before. I'm worried what we are seeing day in and day out in the market is turning in to more then a inventory correction and a cyclical turn down to more of a secular change, that will take much much longer to sort out. Maybe my worry is nice sign of a bottom. <g>

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