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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001600.0%Nov 26 9:30 AM EST

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To: robert marshall who wrote (16062)5/23/1998 12:18:00 AM
From: blankmind  Read Replies (1) of 45548
 
examining the volume, it would appear to be a bear trap. with low volume bringing the price down, examining the past with how much volume was required to knock off a point. the big boys are not selling, but allowing little investors to sell and shorts to move in.

then when the shorts least expect it, the big boys move in and start buying once they feel comfortable with the quarter, and the shorts hep push up the price and then sell in a more orderly fashion if they wish towards the 35 range.

"dead money," to early to tell until we see the short interest and if we get any warnings.

i hope you post if we head back to the thirties before the low 20's or teens.
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