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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001600.0%Jan 29 9:30 AM EST

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To: Steve Porter who wrote (23477)10/29/1998 7:36:00 PM
From: joe  Read Replies (1) of 45548
 


Steve,

I agree, very strong looking chart.

>>we might see another ~2 pt day.<<
nirvana;-)

Just in case Steve, I am thinking about a possible bounce
off of 35 strategy. I'm not sure why this might happen other
than there are possibly some market TA reasons that won't allow
the market to go further...

Don't get me wrong now. I think that COMS is now primed
to crack through 35. BUT JUST IN CASE IT DOESN'T, I would
think we would see a couple of bouncing off 35 moves along
with some other twists and turns. Heck, maybe Acampora wants
to say something about Bank xyz that has been secretly
avoiding bankruptcy, and he therefore predicts a temporary
retrenching,blah, blah, blah, and the banks get panicking
and everybody thinks that the Naz has come across resistance.
I'm just trying to anticipate what could go wrong...maybe
go back to 33 and start over again.

>>PS. Thanks to you not keeping up Joe, we fell a couple of spots.. we were heading right for the top spot too ;-)<<

I know, I felt bad sleeping on the job:-)

btw...I was glad to see that mild upward turn at end of day, both
for COMS and the market.

SEE MY NEXT POST FOR IMPORTANT TOPIC.
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