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

To: Rob Prickett who wrote (7887)	10/12/1998 9:14:00 PM
From: Ed Pittman	Read Replies (2) \| Respond to of 10227

Rob.... The idea is...The top was at $ 34...this was with 30+ million shares and reversed and changed directions... Then the top at $ 31... and this was 10+ million shares and reversed and headed down... So, what i'm looking for is a volume day like these two days. It should be a big down day taking out support everywhere, to get the weak longs to throw in the towel. This will create the volume . Now, Oct. is now when everyone is expecting this massive correction. Now everyone, can not be right. So, I find it hard to believe this massive correction in the S&P's is going to happen... If the DJ doesn't close below 7400 by the 16th the bear could be dead. As much as I wanted to buy puts on the oex today, I'm standing on the sidelines.. Hope this helps, Ed