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


To: Doug who wrote (6804)10/2/1998 12:18:00 PM
From: Tunica Albuginea  Read Replies (1) | Respond to of 18016
 
Doug, this is not the low for the market.At present IMHO there are TOO MANY negatives out there, happening at the SAME time ( the force you were talking about earlier ), on a precariously high perched market. It will continue to drop. The only difference with the past however I think is that it will do so gradually because of the trading collars. This may not be over until Dec 31st. In 1995 I did not get the opportunity to buy NN at ~12.7 ; will we get it now?
How about buying 2001 LEAPS if NN hits 13? You could triple your stash, gg,

TA



To: Doug who wrote (6804)10/2/1998 4:01:00 PM
From: Peppe  Read Replies (1) | Respond to of 18016
 
Thanks Doug. I don't understand how T.A. works and it's useful in these markets to discover entry points on bargain priced stocks. Do you think October tax sell-off has a significant impact ?

Cheers,

Peppe



To: Doug who wrote (6804)10/5/1998 11:30:00 AM
From: Doug  Read Replies (2) | Respond to of 18016
 
Peppe: In line with the earlier forecast, NN made a new Intra low today.