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To: matt fahy who wrote (25203)11/24/1998 5:54:00 PM
From: SpecialK  Read Replies (1) | Respond to of 45548
 
My read on the charts is as follows.
If we open lower than today's low, than the tide has turned and we should get out.
On the other hand, if we hold today's levels, then we are poised to challenge 42 and possibly higher.

NN announces results today, beat expectations, they were down 4% today, as XYLN was and CIEN, so they all were up together and all down together.

NN will be up tomorrow, and they had positive comments about their business. They will lift the group tomorrow.

IMHO,
Ketan



To: matt fahy who wrote (25203)11/24/1998 6:17:00 PM
From: Bruce L  Respond to of 45548
 
<I think you misinterpreted the charts...>

I don't like the conclusion reached, but there it is: I think we'll be going lower tomorrow because of the close below 40.