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Technology Stocks : Compaq

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To: robbie who wrote (51149)3/2/1999 4:27:00 PM
From: rupert1  Read Replies (2) of 97611
 
The Thompson Indicator is showing that institutional selling interest virtually disappeared for most of the afternoon, but buying interest persisted. If it is an accurate guage then we are seeing more of what we saw yesterday, retail sellers buffeted by the gloom and doom.

Just to remind everyone, that when it does reach its bottom there will be at least one person on the thread persistently pointing out the next support level (and hoping like hell it will penetrate it) and persistently speculating about warnings in this and other related stocks.

Go off line - work it out rationally and make a purchase you can live with for about 30-90 days.

I'll be buying more if it reaches $30, more if it goes below.
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