3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00160

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Nov 26 9:30 AM EST

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To: Wayners who wrote (16714)	6/3/1998 2:51:00 PM
From: chenys	Read Replies (1) of 45548

The downtrend resistance you mentioned is too recent and too steep to mean too much for this reversal. It is actually better if it pauses at the resistace first and then gaps up the next day. But the fact is that maybe it will just expolde at the end today when the pros finally come in with the metal jackets fully loaded! Then one has to know how to take advantage of the dynamics. My hunch is that since the momentum has been built up, it is wiser to stay out of the bulls' way. There is no sense fighting the trend, once it changes it will continue for a while.

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