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Technology Stocks : Nortel Networks (NT) -- Ignore unavailable to you. Want to Upgrade?


To: Stock Farmer who wrote (10857)6/18/2001 12:17:54 PM
From: bambs  Read Replies (1) | Respond to of 14638
 
NT on the buy watch list!? maybe cover the short list but surely not on the buy list...it's dead...not even worth the look...

Jim at the street.com says get out and get into something that works!

I say try gold and silver...

look the charts on hgmcy gold hm nem kgc kry bgo paas ssri cde hl....$xau.x $hui.x

something is brewing...these will be ten baggers when bad debt starts getting printed away. they will have to try and save those "too big to fail" inflation rate is already over the fed funds rate...money printing at a 16+% yearly rate...it's brewing...

NT 52 week low coming up...any second...enjoy...if you are short.

next support target $6.57 USD or $10 Canadian.

bambs



To: Stock Farmer who wrote (10857)6/18/2001 4:04:23 PM
From: John Paquet  Read Replies (1) | Respond to of 14638
 
John, I am happy to see you that you have put NT back on your buy watchlist.

Having said, today market action is not exactly what I would like too see, despite Dow gains support and did not go down futher by breaking out that 10500 level, it appears Dow 10600 has gained stronly supported.

But Nasdaq did not confirm as yet, as the NT and JDSU news still needs time to diggest, Nasdaq dips below 2000 level.

When both Nasdaq and Dow confirm its rally let say Dow breakout 10750 and Nasdaq breakout that 2050 on the upside, , then NYSE summer rally is in effect, it is a matter of day or two days based on my sensing.

John Paquet