Compaq Message Board - Msg: 7847201

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Compaq

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: rupert1 who wrote (48311)	2/16/1999 10:44:00 AM
From: PCSS	Read Replies (2) of 97611

I wouldn't be surprised to see 45-46 today ! The normal trading pattern for CPQ has been (1) an early BIG takeoff, then (2) a 50+% pullback from the takeoff in 45min to 1 hr, then (3) slow activity with a narrow trading range the rest of the day. Today, CPQ tookoff, lost about 25% of its gain, and is now 44sh on about 3.9 mil shares. For a good day (1) look for continued ACTIVE trading (i.e. - 6 Mil shares by noon would be great and 8.5 by 1:30pm wouldn't hurt) and (2) increasing day highs. Mid-day stagnation (43 1/2 ish) in NOT good. As well, it is my belief that the DELL rally is somewhat false and that the big trades will be on the downside as today progresses, if that happens AND the big UPtick trades come to CPQ watch for 46+ later. JMG Michael

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next