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Technology Stocks : Newbridge Networks
NN 13.85+6.9%Nov 25 3:59 PM EST
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To: Doug who wrote (6224)8/27/1998 4:14:00 PM
From: Doug  Read Replies (2) of 18016
 
All: Well we are on track for a market bottom. The question now is have we reached it.?

To establish a bottom, we need to see successive days of accelerated price falls on increasing volumes. We have had the price drop & acceleration but volumes are not the type that one would expect at a bottom. Another sell off on increased volume may be necessary.

Perhaps some one with all the tools can keep us posted where exactly we are in the general market slide.
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