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Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?


To: Tim Luke who wrote (15007)11/23/1999 3:45:00 PM
From: Tunica Albuginea  Read Replies (1) | Respond to of 18016
 
Tim, I upped my total position by 20% today. I went back 3
years on the graph.Look at the volume in Nov 99 compared to
all the last 5 years: I believe this is the biggest monthly
volume on NN.It also has the steepest volume spikes.
And the price/volume curve just skyrocketed the last 2 hours.
When this happens at the end of the day you know there is
something going on.
NN is now coming out of the same steep "V" formation it
formed in July 96 and Oct 98. If this momentum continues, it
should go to 26-27, the previous trading range, in the next
few days,

TA