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Technology Stocks : Network Appliance -- Ignore unavailable to you. Want to Upgrade?


To: Wyätt Gwyön who wrote (10195)5/30/2002 5:19:16 PM
From: Jacob Snyder  Read Replies (2) | Respond to of 10934
 
Good for you, you're playing this game well. I've bought NTAP (long, that is), in increments from 15.5 down to 13 so far on this dip. Will sell into the next rally. I'm betting that, from now on, any dip below the 200 DMA is an opportunity to go long (or cover shorts).

Given the volatility of this stock, if I'm patient, we should see a 50% rally off the upcoming intermediate-term bottom. If we bounce now, that'd take us to about 20. OTOH, if we go to 6, then a 50% rally takes us to...........