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Technology Stocks : Compaq
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To: MeDroogies who wrote (94576)1/7/2002 10:07:34 AM
From: Night Writer  Read Replies (2) of 97611
 
Looking at the chart and CPQ's volume at this point, it looks like a run away gap. I need to look at the daily volume after the close to confirm a run away gap. (9.5 million in the first half hour gives me a clue at this point.<G>) If it is a run away gap, CPQ will not see $11 again in the near future. Buying under $12 will look like a bargain by month's end.

COMS chart has a good example of a current run away gap.
NW
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