Novell (NOVL) dirt cheap, good buy? Message Board

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Technology Stocks : Novell (NOVL) dirt cheap, good buy?

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To: dwight vickers who wrote (6214)	12/27/1996 1:46:00 PM
From: Matthew Leo	of 42771

Hi Dwight, <<Seriously, I believe in support, resistance, moving averages,and trendlines. And even they are only guidelines. Head & Shoulder patterns, pennants, flags! Way too esoteric for me.>> Actually they are not so esoteric but quite logical. Think support/resistence when looking at head and shoulder patterns. And think convergence of long and short term moving averages when looking at pennants or flags. The convergence of this averages usually begins a substantial change in market direction (up or down). Hope this helps, I've found this to be true enough to bank on it.

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