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Technology Stocks : Compaq

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To: Pakman2000 who wrote (30453)8/6/1998 4:12:00 PM
From: isdsms  Read Replies (2) of 97611
 
<<A close above 34 would be oh sooooooooooooooo sweeeeeeet. >>

We didn't and I am not surprized. With tomorrow being Friday(generally a down day) and so much uncertainty with the markets in general, I can't see a breakout until next week at best. It will occur and reward us handsomely, but not now. I sold off a few thousand shares at 33.875 today and will attempt to complete my scalping of hopefully a point tomorrow when I repurchase. We have had too much technical damage to the market for it to recover just yet.

Just one man's opinion.

Regards,
Ira
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