Compaq Message Board - Msg: 3272673

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Technology Stocks : Compaq

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To: Elwood P. Dowd who wrote (15231)	1/27/1998 3:08:00 PM
From: MIKenn	Read Replies (3) of 97611

Thread: I am happy to see CPQ rebound today but there are negative characteristics about today's trading. Once again, it fits the pattern of at least two weeks in which there is an early morning surge (in the first 20 minutes) when the daily high is set, then a sharp fall off, then a gradual increase that always fades as the price approaches the early high. In the past two weeks, I think there was only ONE exception to this pattern. Especially today, even the whole market surge has not supported a price beyond that bloody 60/30 wall. Every time it tries, the price gets rammed back down. It's trading at 29-15/16, nearly exactly where it was at 9:40 am. Everyone blow the sails! KQB

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