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


To: Doug who wrote (7192)10/30/1998 4:38:00 PM
From: Doug  Read Replies (1) | Respond to of 18016
 
All: At the end of the week, Technical Indicators which were earlier +ve , have again turned neutral to down. Many must be frustrated at this turn of events.

Does any one know what is the reason for this volatility.? Thx.



To: Doug who wrote (7192)10/31/1998 8:03:00 AM
From: nord  Respond to of 18016
 

Nord: Normally a Stock trend does not run counter to the market if it is
truly in an Accumulation mode. NN has had 2 down days whilst the market
has headed north in a forceful manner.

The only consolation has been the lack luster volume.

How does this measure up to your expectations.?

My expectation is that eventually NN will break out to the upside on large volume. When will this occur? If I knew that, I wouldn't be reading the thread.
Regards,
Norden