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Technology Stocks : Compaq
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To: Richie who wrote (17082)2/8/1998 8:38:00 PM
From: Kenneth R Miller   of 97611
 
Richie, my plan is to try and buy CPQ at support price of 34.. However the whole market should be overbought so it's a risk. If you're planning a short trade, see what CPQ does in the first hour of trading and then make your decision. The safe play might be to see if there is enough momentum and then hold until the next resistance level 36-36 1/2. But what do I know.. sometime I win and other times I lose.. you decide for yourself..
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