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Technology Stocks : PairGain Technologies

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To: Rick Smith who wrote (20233)	2/5/1998 6:17:00 PM
From: margin_man	Read Replies (1) of 36349

Rick, Like you I play the bands, too. Today is the first day the bands broke for PAIR. My strategy is jump in the first day and bail out the third day even if stock continues to go up. Don't care what is going to happen after that. If I continue to hold on, then I watch the closing price very closely. If it stays below the upper band, then it's O.K to hold. If it starts falling below the u/band, I bail. Confirmation is needed (after the 1st falling day). As of today closing, PAIR closed at 21 3/16 and the u/band is at 21 1/32 (based on 10DMA). So it still looks good. All technical indicators look strong except for stochastic. Could see some profits taking tomorrow. Good luck, P. P.S. So don't anybody sell before me, heh?

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