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To: Swami who wrote (52386)7/26/2001 1:30:38 PM
From: Swami  Read Replies (1) | Respond to of 62347
 
NT long 11.90



To: Swami who wrote (52386)7/26/2001 1:31:08 PM
From: Davy Crockett  Respond to of 62347
 
delete



To: Swami who wrote (52386)7/26/2001 1:33:31 PM
From: Davy Crockett  Read Replies (2) | Respond to of 62347
 
stockcharts.com rising wedge & falling wedge stockcharts.com

Regards,
Peter



To: Swami who wrote (52386)7/26/2001 1:34:05 PM
From: Ward Nicholson  Read Replies (2) | Respond to of 62347
 
I didn't necessarily mean we were going up either. What I meant was
that the risk:reward for being short at this level just isn't appealing.

Just as NT kited last year at this time in the $120s and ended up
reversing when upside volume fell off, so could we reverse here as
NT is dragging it's ass (volume is dropping) to lower levels.

That being said, I'm also prepared to see significant resistance at $12.00.


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