NEXTEL Message Board - Msg: 3518163

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Technology Stocks : NEXTEL

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To: Bernie Diamond who wrote (4835)	2/24/1998 3:14:00 PM
From: Arnie Doolittle	Read Replies (2) of 10227

Bernie, Ed has a legitimate reason for his belief, at least from his point of view. Considering that he's out of the stock, if he's wrong there's no harm, no foul. He's following good advice in this respect: when in doubt, stand aside. Yes, he misses out on some profit but he'll be in good company when he joins the trend followers and buys the breakout above 32. Where I part with Ed is in the read of the chart. How can one not see the similarity between the current situation and 1993 or the bullish triangle NXTL is currently in? Maybe it's as someone mentioned recently "Chart watchers start with an opinion and then see what they want to see so the chart proves their preconceived notion." In general I disagree with that notion but... Arnie

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