Nortel Networks (NT) Message Board

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Technology Stocks : Nortel Networks (NT)

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To: bigbuk who wrote (11102)	7/16/2001 1:23:14 PM
From: Frank Pembleton	Read Replies (1) of 14638

Boom or $4? That’s a difficult question, as an investor you need to decide which environment you are in, nothing more - nothing less. Nortel as dropped from the sky and you are trying to catch a bounce, like as if we go from a bear to a bull without any kind of “dead money period.” You may get that bounce, only to buy in and discover the charts have flat lined, all the while maintaining that bearish trend and another chance at a 20% drop. All I’m saying is the harder the steeper the fall the longer the dead money period is going to be. I'm sure we will all have the chance to recognise the return of the bull, and besides I'm much happier with the Buy High - Sell Higher scenario, at least you know the trend is your friend. Regards Frank P.

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