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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Craig Rogers who wrote (335)12/4/1998 11:33:00 AM
From: HairBall  Respond to of 99985
 
Craig: I believe NAVR as are several Inet stocks, are being influenced by the Market. Why, because investors are leery!

If the Dow's trading range was a little wider, it would be easier to trade some of these “influenced” Inets.

You know that hype or sentiment drives these stocks. When the Ubid IPO begins and IF it is successful and IF the Market is moving up at the same time, NAVR could break to the upside.

Be careful and watch the Dow...in that channel.

EDIT: Dow breaking toward that upper trend line as I type.

Regards,
LG



To: Craig Rogers who wrote (335)12/4/1998 11:56:00 AM
From: James Strauss  Respond to of 99985
 
NAVR...

I bought NAVR for a move to the 10.00 to 12.00 area... It has already closed its gap...

Jim