NEXTEL Message Board - Msg: 4371774

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Technology Stocks : NEXTEL

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To: Al Gutkin who wrote (5964)	5/7/1998 7:28:00 PM
From: moose	Read Replies (1) of 10227

Is it true that NXTL is at it's 200 day moving average? At first glance, 26 area seems the next logical resting point. With a positive employment report tomorrow we may see a reversal on high volume going into the meeting next week. EFII stock seemed to have run up on expectations of their stock holders meeting and they really had nothing too positive to say. Al Gutkin, I find research to be a hindrance while Day trading. Research tends to add bias and that's not good. A day traders edge comes from playing stocks that are in motion. NXTL been in motion but to the down side ( so short it ), just play the news and the charts. Looks like my 30 calls are worth sh_t and I have homework to do!

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