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Technology Stocks : Ciena (CIEN) -- Ignore unavailable to you. Want to Upgrade?


To: kanford who wrote (6657)3/7/1999 7:38:00 AM
From: Gary Wisdom  Read Replies (1) | Respond to of 12623
 
Ken, this (lack of) upward movement is very normal for this stock. It is consolidating, nothing more. If you look at the chart since the first spike in late January, there have been 3 upward thrusts (including that one). All three have been followed by 4-6 day consolidations on low volume.

The chart indicates that Ciena is going higher. You are wise to just sit back and let the Ciena train enrich you.

After all, like you said, it's only money. <ggg>