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Technology Stocks : PairGain Technologies -- Ignore unavailable to you. Want to Upgrade?

To: David Howe who wrote (34565)	11/9/1999 7:11:00 PM
From: helkel	Respond to of 36349

Lots of option call volume today, esp in jan 00 15s. I guess mci news comes out prior to turkey day IMHO total WAG. hk

To: David Howe who wrote (34565)	11/9/1999 9:36:00 PM
From: FirstDiogenes	Read Replies (2) \| Respond to of 36349

Be careful David Howe! I've used that site a lot. Keep it mind it is a computer generated opinion--very mechanical. It tells you when a stock HAS performed strongly but IMO has litimited value in a predictative sense. It is the sort of charting that will give you a strong sell signal when a stock is a screaming buy, i.e. PAIR @ 8, MLTX @ 14. In other words it is a great confirmer of strength i.e. that a stock has moved above its 20 or 50 EMA etc. PLEASE NOTE: I'm NOT taking issue with PAIR's substantial show of strength here I'm only suggesting that: A. It is a confirming indicator of strength not a dependable indicator of upward movement. B. It can be a pretty good contra indicator. When it's giving you 80% to 100% "Sell" signals on a stock you follow closely and know -- that may be the "bottom/buy signal" Regards & Good Luck!