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: Spartex who wrote (24899)	1/6/1999 9:42:00 AM
From: vibaby	Read Replies (1) of 42771

From Clearstation Newletter this morning: +-+-+-+-+-+-+-+-+- 'kensey' has recommended NOVL (Long) 'kensey' said: Novell appears on the verge of digesting the high volume blast of late November. Yet things seem to be going snail - what more could a stock want and why hasn't it performed better since? Nevertheless, Novell was more than a double for 1998. So 40 by the year 2000 (Y2K) seems according to trend and according to plan. Right? Somewhere between the dirge of yin and the siren song of yang, the Novell rhythm clock suggests a quick run-up to 20 and price graph (1-2-3) attainment of 24 within two months. MACD has digested the fade from said high volume blast quite well such that (it seems) one can trade (in this case) on the birth of green. The pendulum really does appear to be swinging just so. The base cupping of mid December at 17 should not _not_ be violated. This would suggest a scenario similar to mid-July where the cross of the MACD lines above the centerline after the digestion of month-long (June) gains lead to a very prolonged base. While I went into Disney with January goggles, I am currently not very happy about that. So, this one gets cut a lot sooner (if not by me, than certainly by you). kensey See the annotated graph of this recommendation at: clearstation.com +-+-+-+-+-+-+-+-+- Recommend emails are a powerful way to get investment tips as they happen from the ClearStation community. If you would like to UNSUBSCRIBE, go to clearstation.com Copyright (c) 1998. ClearStation, Inc. All rights reserved. ClearStation is neither an investment advisory service nor an investment advisor and does not purport to tell or suggest which securities Members should buy or sell for themselves. Members should always check with their licensed financial advisor and their tax advisor to determine the suitability of any investment.

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