Compaq Message Board - Msg: 17403272

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Technology Stocks : Compaq

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To: Night Writer who wrote (97389)	4/30/2002 12:01:44 PM
From: Elwood P. Dowd	Read Replies (1) of 97611

Subj: Would you know a bottom when you see 1? By: skeptically Date: 04/29/02 10:51 am Would you know a bottom if you saw 1? by: skeptically 04/28/02 03:19 pm Msg: 281712 of 281752 Nasdaq composite index Sept low 1387.06 Jan high 2098.88 Fri. low 1663.78 Correction of 435.1 from Jan high Sept to Jan run up 711.82 435.1 / 711.82 = 61.1% A 61.8% Fibonacci correction of the Sept to Jan run up is 439.90 or 1658.98. Close to Friday's low of 1663.78. There is a gap on the Naz chart from Oct. at 1628.24 that wasn't quite filled. As an underwater long, I'm sure looking for a bottom. SOON.

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