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Technology Stocks : Network Equipment (nwk) -- Ignore unavailable to you. Want to Upgrade?

To: Arthur who wrote (85)	2/25/1998 3:35:00 PM
From: Jim Goodman	Respond to of 107

good for you, also....1) yes, initial upside, when correct, would be around the 200 DMA, around 17- or so, at this time....usually, it takes 2-3-4-5 months, but is not in stone....stops below recent low always, and always diversified, etc., 2) as I teach, "news" has rarely been the moving force in stock price movements, which is why I ignore 95 % of everything others insist on expending copious amounts of time trying to somehow "use"....one secret of my success....3) volume has something to do with it also, but I also have a "feel" after 25 years, you might imagine... what else you been doing ? best wishes, P.S. oh, and I really did have (and gave out on S.I.), SGI. @ 11+ to 15+ quickly, took gain at resistance, options/margin....neat...