Nortel Networks (NT) Message Board

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Technology Stocks : Nortel Networks (NT)

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To: Stock Farmer who wrote (10857)	6/18/2001 4:04:23 PM
From: John Paquet	Read Replies (1) of 14638

John, I am happy to see you that you have put NT back on your buy watchlist. Having said, today market action is not exactly what I would like too see, despite Dow gains support and did not go down futher by breaking out that 10500 level, it appears Dow 10600 has gained stronly supported. But Nasdaq did not confirm as yet, as the NT and JDSU news still needs time to diggest, Nasdaq dips below 2000 level. When both Nasdaq and Dow confirm its rally let say Dow breakout 10750 and Nasdaq breakout that 2050 on the upside, , then NYSE summer rally is in effect, it is a matter of day or two days based on my sensing. John Paquet

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