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

To: jimmyo who wrote (8225)	11/18/1998 7:28:00 PM
From: Ed Pittman	Read Replies (1) \| Respond to of 10227

Jimmyo... You may be right about sitting on the fence.<G> But, I find preserving capital more important. If you don't know what a gap is, I'll be happy to explain..And I think at one time Bernie had a internet site that gave plenty of examples. I'm not talking about $ 100 to $ 50....But, just a one day move that there is more buying than selling and the stock opens higher than the previous days close... Say like on Friday it closes on the high of the day at 22..Then on Monday it opens at 22 1/2 and never goes lower than 22 1/2 the whole day...Then the follow week it trades higher...Well you have that gap at 22--22 1/2 And in most cases if not in all cases the stock will pull back to that 22 and fill that gap, then move on back up... Also gaps can take up to years to fill...I'm not waiting that long. <G> i'm looking for a time frame at the end of this month.. Hope this helped... Ed