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Technology Stocks : Compaq

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To: wiz who wrote (3925)7/9/1997 8:37:00 PM
From: Leo Francis   of 97611
 
Mark, I'll reenter when the speculators are not in the market.-g- As I've said, I'm getting nervous smiles. Only a few hours to wait!

Good Trading, BTW--Technically, something very significant happened today. The Stochastics indicator, with
the parameters I've posted crossed both the 80% support line, AND the moving
average of WMT. If you believe in this indicator with certain stocks, as I do with WMT, this
forecasts much more downside with the price of WMT. This is certainly a very good
signal for the shorts, and I believe a warning, or exit trigger for the longs. Good
Trading. LF
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