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Strategies & Market Trends : LastShadow's Position Trading

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To: Rick Faurot who wrote (7909)2/5/1999 10:57:00 AM
From: LastShadow  Read Replies (2) of 43080
 
NAVR - going down?

If you mean for the day, yes I agree. If you look at the longer term trendline, the line connecting the lows has notbeen violated since it was $3 a share in November. The current trendline says it could go as low as 17.5 and still be in that uptrend. I'm not saying to buy at this moment and hold, but to buy near the trendline, andthen hold until a day or two before the IPO.

lastshadow
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