Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Thom Taylor who wrote (5771)	4/22/1998 10:04:00 AM
From: Arnie Doolittle	Read Replies (1) \| Respond to of 10227

TT, here's the url: messages.yahoo.com I don't have a clue what caused yesterday's drop but was a trend line penetrated? Some say yes but the rule of thumb is that the stock must go 3% below the previous low to be considered "penetrated". The record of higher highs and higher lows since 12/15/97 is the one that I have been watching closely. The last intermediate low was 29 5/8 on 3/27/98. Thus, 28 3/4 is the magic number. 28.68 has been touched so far this morning so today is a day to watch, supportwise, as the stock decides whether to test a lower level. Yesterday's volume was not helpful from a ta point of view. Arnie