NEXTEL Message Board - Msg: 3047574

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Technology Stocks : NEXTEL

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To: Ed Pittman who wrote (3894)	12/28/1997 1:34:00 AM
From: Jay8088	Read Replies (2) of 10227

Ed, as I understand it, you are short term bullish on NXTL but waiting to buy more as it drop further in mid January. Is it because you are forecasting that January would be a down month for Nasdaq? That is no santa claus rally and no January effect this time? I am hoping for some relief rally this January... December has been pretty brutal on tech stocks. I even sense a whip of a bear market. What does your technical analysis show about Nasdaq next month? ( I am still holding NXTL but I do remember that Jan 1990 was pretty painful. ) Best wishes on New Year.

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