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

To: margin_man who wrote (34732)	11/18/1999 11:48:00 AM
From: Jim S	Read Replies (2) \| Respond to of 36349

I just saw on another thread that the FCC approved line sharing. Can anyone confirm? jim

To: margin_man who wrote (34732)	11/19/1999 8:32:00 AM
From: Doug R	Respond to of 36349

m_m, Here's a couple charting type posts from my usual hangout: Message 11992968 ps. Doug, looking at adding to PAIR position. Was drawing some lines back from all time high to recent breakouts (11/3/99). If it retest this line 14 3/4 would look like a good entry. How plausible does this look to you? It would have to break a fairly steep UTL to go down this far. ...and: Message 11996075 That recent ut line is definitely too steep an acceleration to be maintained so it is likely to be broken...you're correct. The first acceleration off the initial uptrend intersects that Pegline during the first week of December. There could be a slide down that Pegline until that intersection approaches. A more reasonable acceleration would start off the Pegline before that intersection is reached and would be well telegraphed by the short term technical profile as a knee on the 233,21,34 stochs is set up.. For the retest of that Pegline to occur at 14 5/8 (the value I get on my chart) it would have to get there tomorrow. That's unlikely but it could happen. I'd say we're looking at 14 3/16 in a couple weeks for heavy-duty re-entry but I'm taking the scale back in on each dip approach until then. I have one piece of re-entry under my belt already...just in case that 4,3,2 goes back over 80 without notice. _________________________________________ The posts are in "56erspeak" which comes out of the seminars. Sorry about that but overall they mean that PAIR is behaving properly in regard to the expectations telegraphed by the long term chart formation. If the Barron's piece attracts some attention, I'll have to change the strategy I had for my trading position. Doug R