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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF
COMS 0.001300.0%Nov 7 11:47 AM EST

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To: Scrapps who wrote (4002)8/18/1997 3:12:00 PM
From: david decamp   of 22053
 
HOLY BOUNCE, Scrapps-man!!!

Can't believe I bought more this morning at 53 1/4, and then
had to endure this nail-biting, gut-wrenching, nausea-inducing
ride.

The 7600 support level really got tested today, and looks
solid. Bond yields back near 6 1/2 finally seem to be lending
support to stocks (as opposed to going up as people shifted
assets from stocks to bonds).

Could we have hit bottom? The COMS support at 51 seemed
rock solid (but then I thought the recent support at 53 looked
pretty good on the last few downswings).

Dave
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