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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-18.8%Nov 7 11:47 AM EST

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To: joe who wrote (16885)6/4/1998 5:32:00 PM
From: Wayners  Read Replies (2) of 45548
 
I know I sound wishy washy, but my thinking changed after I downloaded after the close and looked at a daily chart with my favorite indicators on it.

I have to see tomorrow's opening price to know what to do for sure. I'll go long any gap downs, will watch an open near $26 1/2 to see which way it goes. I will refrain from buying any gap ups or shorting any gap ups. I will short only if i don't see any marked rally by about 13:00. My thinking now is we've seen a reversal--because of today's lower volume than yesterday and the high volume at the bottom. 25K indeed was too high a target. The way COMS was dropping I thought it would be a really good volume spike on the selling climax.

You guys aren't going to kick me off the thread are you?
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