NEXTEL Message Board - Msg: 4571274

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Technology Stocks : NEXTEL

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To: Ken Benes who wrote (6294)	5/23/1998 9:24:00 AM
From: Ed Pittman	Read Replies (1) of 10227

Ken.. Up on Nextel high I was using the simple KISS method...the old high was 32 so we went to 34 2 points higher, so I was looking for it to retrace 2 points above the last low...22 + 2 + 24... so this gave me a target several months ago... Then the stock will trade to get a more accurate measurement. Every time I think i have an indicator to set my timing...the stock pushs out the time. I'm just going to wait for the down trendline to be broken, with some volume..I still think this market is going to make a new high possible 10,000 by late July to early Sept. And my next key date is in July.. Anyway I'm glad I'm on the fence..And I think there is plenty of time to buy the stock. Regards, Ed

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