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Technology Stocks : Compaq

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To: Captain Jack who wrote (69724)10/25/1999 6:10:00 AM
From: Mao II  Read Replies (2) of 97611
 
Cap: Can't agree. There is a lot of selling ahead here if folks find a reason, and it won't take much. 20 was rock bottom support; now it becomes powerful resistance. To think that this is only a technical problem with the stock price, as has been suggested elsewhere, is utterly ludicrous. For an example of what can happen when a stock breaks through strong support at 20 or so, take a look:
quote.yahoo.com
siliconinvestor.com

Cheers, M2
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