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

To: Ken Benes who wrote (4752)	2/19/1998 5:05:00 PM
From: Ed Pittman	Read Replies (2) \| Respond to of 10227

Hi ken.. Nice day up for Nextel..I checked on how many upticks vs. downticks for Wed..it was -20,500...Means there was 20,500 more shares traded on a down tick than a uptick. i have been watching for heavy cumulative readings..Nothing just going sideways. Heavy cumulative is institutional trading. So until I get a Heavy cumulative reading that is positive I think its dead money. And unless we get follow threw to the upside the danger to the downside is real. I have 28 as resistance if this move is real..Then Nextel should blow right threw this area. I'm happy to buy at a higher level but not here in no man's land. I still like the company just not the chart pattern. Good luck with your investment. Ed