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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?

To: w2j2 who wrote (18744)	10/22/1998 10:56:00 AM
From: Eleder2020	Read Replies (1) \| Respond to of 29386

>>I am not an expert, but here is my take: Ancor made a bottom at 1.0.<< Walter-agree with your post, especially throwing it out the window. I think the good thing here is that hit the low in August and tested it twice. Sept(lowest low where the bid I believe hit 15/16)and Oct. A triple bottom? The Bollinger Band's, just seem to very sloppy since we've been in this 1 area.I've put them away for another day. Maybe it's those Reg D guys coming in and messing with everything. Just using the BB's right now to guess when to buy the lows as I'm still buying on the last few forays in the low 1's. I mean it does seem from a fundamental point of view we are in a trend reversal and that seems to be the most important aspect in all of this. Psychologically, I'm totally ready for a trend reversal.