3Com Corporation (COMS) Message Board

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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: Wayners who wrote (22695)	10/12/1998 2:10:00 PM
From: joe	Read Replies (1) of 45548

>>Value buyers will step back up to the plate at the next support level--where the gap is closed.<< And then, when value buyers are exhausted, there will be no more buyers above that point? So we continually drop lower... until there's a reason that everybody feels they should be buyers again? Confusing...maybe when we get to 28, which I guess is old resistance/new support, value buyers will be buying since the trend is up to 32-33? Is this reasoning right Wayne? Maybe the reason buying will start again is if buying is seen to hold at 28 (by value buyers), then more buyers will be convinced that the break through 28 was for real?

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