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Technology Stocks : PairGain Technologies

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To: P314159d who wrote (27256)	11/23/1998 2:03:00 AM
From: P314159d	Read Replies (1) of 36349

Sorry but I just had to ... Check this chart first. 207.95.154.130 This is a very good reason to consider PAIR. LT charts like this can give you an idea of what can be hopeful for. It is so easy to see where all the long-timers have been buying and getting disgusted (anytime since '97) and where they got teased (as I a bottom-fisher) in '97 and to a small degree early '98. Ah the pain. And now the reward. The deeply oversold condition in Oct. makes you want to go right out and buy at 6 ( only we got 11now). but we are as oversold as we were overbought in '96. The monthly stochastic can turn big time within the next few months or less and we got a two month white body candle ( only once in the downtrend of this magnitude did that happen). Can you see the turn in the MACD mo. and the double bottom in OBV? Now you know why I am here and why I say to at least average down what you can. Call it as you see it, I have to believe there is still more to this latest rally and, as long as we hold 6, we see 15-17 Q1 and maybe 25 by summer.

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