Compaq Message Board - Msg: 2995186

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Technology Stocks : Compaq

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To: Bill Shugarue who wrote (11650)	12/18/1997 1:39:00 AM
From: Rick Slemmer	Read Replies (2) of 97611

Bill: Try this: cboe.pcquote.com That's the CBOE site. By the way, am I the only one here who thinks that it's significant that CPQ has fallen below its 200-day moving average, tested it to the upside, and failed three times in the past four trading days? Relative strength is poor and getting worse, and the 50-day MA (which the stock has tried to rally through unsuccessfully three times in November and December) is declining sharply. The two MAs will cross sometime in mid-January, and that's never a good sign. I know most of the folks on this thread are bullish on Compaq, but I gotta tell you, I think it's going lower before it goes higher. I've seen it too many times before. There's good support at 40, but not much else. Good luck! RS

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