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Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?

To: Robert who wrote (11630)	5/27/1999 5:40:00 PM
From: nick cash	Read Replies (3) \| Respond to of 18016

Robert, i disagree with you and doug seeing 28 as broken support and hence on the way to 24. it is my opinion that nn has (so far) held support and will not drop to 23-24 if it holds 27 as i described. iow, you pegged 28 as broken support whereas i see support as being 27 and not broken. if it takes out my support, we are in agreement as to the next sup level of 23-24. ugly close in the mkt today. several failed attempts to rally off the bottom inthe last couple of hours- not good. several important stocks clinging to support levels. if these key stocks break, bids will evaporate and we'll see dow 10,000 in a heartbeat (only 4% from here). s&p keeps taking out its support levels. i'm 30% cash and am kicking myself for not taking my own advise and raising that level to >50% on monday.i was up 25.4% ytd on friday's close and have allowed that to drop to + 19.7 over the past 4 days. dumb. all imo only.....nick