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Technology Stocks : Compaq
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To: Andreas who wrote (84641)9/6/2000 2:08:26 PM
From: MeDroogies  Read Replies (1) of 97611
 
I think this will bottom out in the next day or two. I am showing a trendline that has CPQ lows getting higher. Using these lows as the "lowest" point CPQ can trend, it's right about where it should be...maybe slightly lower.
In addition, stochastics are showing just about overbought.
A nice rebound should push it up to 36 or so in the near term.

But what the hell do any of us know?
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