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

To: zbyslaw owczarczyk who wrote (16875)	2/7/2000 9:15:00 AM
From: Tunica Albuginea	Read Replies (1) \| Respond to of 18016

ZO, don't forget,Canadian armed forces also use NN as I remember it. Is this going to do for NN the same thing that the USArmy buying of the 92F did for Italy's Beretta? :-) TA

To: zbyslaw owczarczyk who wrote (16875)	2/7/2000 1:28:00 PM
From: Tunica Albuginea	Read Replies (2) \| Respond to of 18016

ZO, there is something I am trying to understand. Help! All of a sudden NN bashers are gone.ÿ What does that mean? -the ex-bashers were actually shorts who have nowÿ ÿhad to cover under extreme duress between 24 and 32. ÿThey actually had their feet put to the glowing embers. -New and old bears are throwing in the towel -people are too busy trying to divine an entry point in NN: ÿwait, wait, wait....., and don't have time to post. ÿ :-) More TA ( tech analysis :-) ) today: Thigs are very positive: -from the get go, money flow has been ÿa)positive and, b)rising -acummulation/distribution has been steadily risingÿ ÿfrom theÿ open. -OBV, OnBalance Volume has been rising all day even though early on the price was dow: ie, "divergence ". Very positive: TA On Balance Volume (OBV)ÿ OBV is a very popular indicator developed by Joseph Granville and is a running total of volume that reflects accumulation or distribution.ÿ Each day's volume is assigned a positive or negative value depending on whether prices closed higher or lower that day and a running total is keptÿ by adding or subtracting the volume depending on the direction for the day. The direction of the OBV line is the thing to watch not the actual level. This indicator will often confirm underlying strength or weakness of a price trend andÿ will often signal a top by declining while the stock is still rising, indicating big money is leaving the stock.ÿ Conversely,a rising OBV in the face of a declining price trend orÿ an OBV that refuses to confirm a new stock reaction low could indicate smart money is moving in and a bottom may be at hand.