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Technology Stocks : Compaq
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To: JRI who wrote (52794)3/11/1999 12:23:00 PM
From: Kenya AA  Read Replies (1) of 97611
 
john: I gave it up - too many posts on the INTC thread. What we want to see now is declining volume on the downside. When CPQ started tanking on the 26th, it was on big volume Although the stock kept going down on subsequent days and the volume was still well above average, the volume declined each successive day. The price lifted when the volume stabilized, but now has picked up again as we move to the downside. Yesterday's volume was up 38%.

K
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