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Technology Stocks : BAY Ntwks (under House)

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To: jelrod3 who wrote (2859)11/22/1997 9:31:00 AM
From: joe feirouz  Read Replies (1) of 6980
 
Jay,
I am still bullish on it. But notice that the relative highs are
getting lower and lower (42,36,35,30?). I do not want to draw
any ugly trend lines. The 200 day is worth a big notable mention.
In fact, I made some noise back in the start of the summer
when it broke the 200 DMA on the upside. But on the down side
I am turning my head. I am emotionally attached to the stock so I
am a believer that things will turn around. The one bright spot
is the 200 DMA has not been solidly broken yet. Yes it has been
broken but if bay turns up on the upside now and takes off, people
will look at the chart (in the future)and see that bay had just
tested the 200 DMA back in the November of 1997.

Hey, and thanks for the link.

joe
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