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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Junkyardawg who wrote (36989)6/2/2000 1:57:00 AM
From: Junkyardawg  Respond to of 63513
 
OPINION: No matter if the numbers are good or bad tomorrow.....if the Nasdaq crosses the 3650 level we could see some very heavy volume and a huge run.
My thinking is that if we cross the 200 day moving average that will be a signal for shorts to cover and should be a buy signal for those on the side lines.
It would not surprise me that if there is billions of dollars setting on the side waiting for the Nasdaq to cross its 200dma.
dawg



To: Junkyardawg who wrote (36989)6/2/2000 2:10:00 AM
From: Jorj X Mckie  Read Replies (1) | Respond to of 63513
 
Dawg,
I think that we have clear sailing to $50, assuming that the market stays intact. I also think that the perception of the INTC relationship will become more positive as RNWK is seen as a viable competitor to MSFT for internet video applications.

Glad that you brought it to the thread.
JXM


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