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To: Jacob Snyder who wrote (9432)11/5/2001 9:04:12 PM
From: Northern Marlin  Read Replies (4) | Respond to of 10934
 
Just taking a quick glance at this logarithmic chart shows the exponential 200 day MA at around 25.

askresearch.com

And looking at this linear chart shows the simple 200 day MA at just over 20.

stockcharts.com[w,a]dacayimy[pb20!b50!b200][vc60][iLb14!La8,17,9!Lk14!Lp15,5,5!Ll14!Ld20]

Both of these charts seem to say to me that NTAP has had a great run and will likely stall at the 200 MA. I should like to read differing opinions.

Phil



To: Jacob Snyder who wrote (9432)11/5/2001 11:40:31 PM
From: techreports  Read Replies (2) | Respond to of 10934
 
Caveat: although I see nothing but blue sky above us, I see the same thing below us. If we go down, it'll happen as fast and far as we've gone up recently. Buying at these levels, would have to be labelled a GreaterFool buy, based on the hope that an overvalued stock will see more momentum money piling in, to drive it to even more overvalued levels. I wouldn't even consider adding more, unless we hit the 50DMA.

unless you plan on holding NTAP for the next 5 years, then buying at 17 wouldn't be a terrible mistake (i guess unless this recession lasts 5 years..?)



To: Jacob Snyder who wrote (9432)11/6/2001 9:28:13 AM
From: straight life  Respond to of 10934
 
Don't forget seasonality as another positive factor, coming out of Sept. - Oct. (EOM)