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

To: Doug who wrote (11633)	5/28/1999 10:13:00 PM
From: nick cash	Read Replies (3) \| Respond to of 18016

Doug, we just read the charts differently- an art not a science. no links but the dec pull back bounced off 27. the intial drop on the feb earnings warning bounced off 27. the low point of the late march retrace b4 heading back up to 39+ bounced off of........ you guessed it...... 27. i would maintain that the action in the stock backs me up. wed was the first time we've hit 28 on the retrace and it didn't even flinch- like a hot knife thru butter (amazing how those old ginsu ads stick with you after all these years!). if 28 had been support, volume would have come in and there would have been some sort of a bounce off of it. it didn't, and there wasn't. all imo only....nick