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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: LTK007 who wrote (8122)	2/18/1999 8:48:00 AM
From: Dave	Read Replies (1) of 27722

To the bench... <<I have just did a quick glance at the Dow S&P500 and NASD charts and see ALL three are at a crisis point---they all are at or just a fraction below their 50 day ma,this is in TA terms a critical point and tomorrows action will be,for TA buffs very important--if we have a bad day tomorrow on the market indicators it is saying more bad is coming>> I must say that I see the same issues regarding TA on the major indices as Max and would keep a close eye on the market this morning. A correction is going to delay this IPO further. One thing working in our favor is that the overall volume of the NAZ, DOW, and S & P have been dropping with this correction. That bodes well for a rise soon. Still long on NAVR at this point though. FWIW, Dave

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