Compaq Message Board - Msg: 7667508

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Technology Stocks : Compaq

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To: Night Writer who wrote (46905)	2/4/1999 8:53:00 PM
From: Kenya AA	Read Replies (2) of 97611

NW: I don't even know if we will go low enough to bounce off 42, but that is a fairly major support. I have to admit that this "correction/consolidation" is not happening as I expected - it's like everyone expected a correction and wanted to get back in at "the bottom," which kind of precluded the bottom from happening. <ggg> There is no fundamental reason for the market to go down - it's all profit taking. My thinking nowadays says that I should view market movements on a scale similar to one of those time line charts that depicts the evolution of man - the pace of events picks up exponentially. It's one of the reasons I don't understand why all these "long term" holders get spooked by all this day to day crap. K PS: Sorry for late response - I been doin' chores.

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