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Technology Stocks : PairGain Technologies
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To: Jay Mowery who wrote (27285)11/24/1998 11:36:00 PM
From: Berney  Read Replies (1) of 36349
 
Jay, Unfortunately it the post makes perfect sense to me.

BP (Before PAIRdog), I looked at stocks solely on the FA side of the equation. PAIR convinced me that further education was necessary. We are buying a stock, not a company, and the stock has its own attributes involving TA.

As to PAIR, I see a huge wedge, the direction of which is going to shortly resolve itself. We have a daily Stochastics crossover and a positive (but weakening) DMI, without a MACD confirmation. It's honoring it moving average support very nicely. Eight or thirteen ... the lady or the tiger ... hmmm.

Berney
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