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Technology Stocks : Novell (NOVL) dirt cheap, good buy? -- Ignore unavailable to you. Want to Upgrade?

To: dwight vickers who wrote (24369)	11/20/1998 12:10:00 AM
From: Edward E. Shure	Read Replies (1) \| Respond to of 42771

Dwight ...people who do it continually. Hettie Green-the witch of wall street and IBM's finance department-(their bond floats are almost prophetic in picking yield bottoms). Unfortunately the witch is dead and IBM doesn't share their methodology. EES

To: dwight vickers who wrote (24369)	11/22/1998 10:50:00 AM
From: EPS	Respond to of 42771

Dwight, Hope you don't mind that I'm reproducing your ragingbull post here. Regards Victor ============================================================== ============================================================== My take on the T/A. Keep in mind I really only use M/A's, support, resistance, trendlines, and gopher entrails. Pretty sure I had commented on some of this recently. $15+ was important resistance because it was the 1996 high, but mainly because it broke a downtrend line off the 1994 and 1995 highs. What's really interesting is to see what happened since we broke the down trend line that touched the 1993, 1995, and 1997 highs. Parabolic. The $22 resistance is the 1995 high. $17 1/2 is probably the breakdown in 4th quarter 1995. If Schmidt really has put together a great quarter, $17 1/2 should be history this week. But a retest of that $15ish support would probably follow. Dwight