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Technology Stocks : Nortel Networks (NT) -- Ignore unavailable to you. Want to Upgrade?

To: Shimon Amir who wrote (426)4/13/1998 9:15:00 PM
From: ahhaha  Read Replies (3) | Respond to of 14638
 
I hate to be so negative, but NT is in the beginning of a full-blown downside move. I mean a straight liner. It takes very heavy buying to inch upward, but very little selling to cause it to drop like a rock. Usually you need the specialist's book heavy with buy orders underneath to get a downside translation, but what we have here is buy order cancellation and the specialist won't buy a share. That's gap-out weather.


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