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

To: Junkyardawg who wrote (37626)	6/6/2000 3:44:00 PM
From: John Pitera	Respond to of 63513

Run a 50 DMA on a CMRC and see how traders sold it at the 50 dma ( 54)today after it failed to stay above it yesterday. 200 dma at 60 21 dma @ 44.20 RNWK broke above it's 50 DMA today, but it has that previous top at 48 some will view all the action since the mid april low in the very low 30's as an ABC correction. I sold half of my RNWK long today, aceding to Tom's thoughts on RNWK. It's not a forgone conclusion that they are the longterm gorilla, as much as I'd like them to be. John