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

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To: Lawrence Petkus who wrote (19187)12/19/1997 5:57:00 AM
From: taxikid  Read Replies (2) of 42771
 
i am sorry if i cme across as new investor.. generally i am a trader and i am up at this ungodly hour because i have a large position in an adr based in singapore..
the foreign markets are as important to me as the american ones..
i invest and I day trade..
sometimes my day trades turn into investments and sometimes i am a happy camper.. traded novell.. on the scalp side a few times.. but did not sell correctly..
made money but could have made more.. this stock is actively traded and i was considering buy and hold..
finally cancelled my buy order{ which was below 7.5} looking from a technical traders point of view.. next resistance is the low for the year..
it breaks that and woo buddy we will see them running like scalded dogs..
as for investing advice.. man's worst vice is ad-vice.. i tell 'em to buy tbills.
only the strong survive..
best of luck..
taxi
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