SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Compaq

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mohan Marette who wrote (13557)1/14/1998 3:22:00 PM
From: Andreas  Read Replies (4) of 97611
 
To thread:

A look back at cpq's chart over the last five years reveals a minor tid-bit some of you might find interesting. At no time during the last five years has a cpq downtrend or correction (call it what you will) lasted as long the current downtrend or correction which began around October 10, 1997 (over three months ago). During last five years, after a downtrend, cpq began a new up-trend substantially sooner than 3+ months. Furthermore, the next uptrend has not yet begun - so it is possible that the current correction could last 4 or more months (although my gut tells me that is unlikely).

Some of you may want to catch Jim Jubak's telephone discussion this evening about yesterday's "sucker rally" as he describes it (Jubak 's personal stock picking prowess leaves a lot to be desired - but it might be some fun to hear from some of the so-called "suckers")
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext