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Technology Stocks : Computer Network Technology (CMNT) -- Ignore unavailable to you. Want to Upgrade?


To: swiss who wrote (527)1/29/1999 5:49:00 PM
From: Daniel Colton  Respond to of 750
 
Staying above the 50 day moving average is a good sign.



To: swiss who wrote (527)1/29/1999 7:52:00 PM
From: Roger Schelling  Read Replies (2) | Respond to of 750
 
Strong Stocks with good growing fundamentals and in a positive market.....all these conditions I see applying here,,,
A correction to the 50 day moving average has been just a result of normal market conditions and a resumed rise from here.
The other side of the coin is that if the price begins to reside for a week or so on the south side of the 50DMA then some sentiment is changing at this price level.
Not likely in CMNT and in this market.
Onward from here IMHO.
Roger