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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-87.0%Nov 7 11:47 AM EST

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To: Wayners who wrote (22875)10/19/1998 10:34:00 AM
From: joe  Read Replies (1) of 45548
 


Thanks Wayne.

>>I feel like we're overdue for a gap down.<<

Looks like we got our gap down this morning and we've
almost already covered it. Maybe that indicates positive
demand.

Also, INTC/SHIVA might have had something to do with gap
down.

>>Beware of the $33 resistance level. Its always better to take profits and set a buy stop higher rather than risk a drop of a point or two.<<

Yeah, I've been thinking about this strategy. It's something
new, so I have to get use to the idea. We'll see how the
market goes. If rate-cut fever gets a hold of the market,
there might not be any resistance anywhere.

joe
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