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Technology Stocks : NETM: Whats the BEEF? -- Ignore unavailable to you. Want to Upgrade?

To: Jibacoa who wrote (2472)	5/12/1999 1:42:00 AM
From: Lawrence Burg	Read Replies (1) \| Respond to of 2599

Bill & Bernard...wow, great to see some TA around here. On the last poke to $3.50, I missed what is now my most important trigger on NETM. The RSI(8). You know how sometimes you can have a straight line perfectly connect the tops or bottoms on a price or indicator chart? Well try it for the RSI. We're right on that straight line. If I see volume and more push throughout the day, I'll reenter. As far as everything else on the indicator front, I strongly agree. Oscillator trends have healed well, and haven't entered significantly into overbought territory. Their advance would also be tempered by more volume. On the momentum side,the turns look great. Only thing I'm waiting for there, is a little more optimism on the ADs, which indicate a balance between buys and sells.