Novell (NOVL) dirt cheap, good buy? Message Board

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Technology Stocks : Novell (NOVL) dirt cheap, good buy?

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To: Steve Fancy who wrote (16555)	8/27/1997 11:56:00 AM
From: Don Earl	of 42771

Hi Steve, The chart is filled solid all the way through upper 8s. It broke through another level of resistance yesterday. Even the 100 day MA is starting to turn up. My guess is there was a lot of short action this morning which tends to give it a good boost when it changes dirrection. My last trade got my average cost down to a little over 7 so I have plenty of room to ride out short term down trends. I figure if I take a cookie everytime they pass the plate pretty soon I'll be fat. Also, when Joe starts hitting the shift key on the number row it's a good buying signal. I saw a few gals show up on the thread yesterday. This is also a good sign. They can smell money a lot farther away than we can. Regards, Don

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