Compaq Message Board - Msg: 8293569

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Technology Stocks : Compaq

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To: Elwood P. Dowd who wrote (53108)	3/12/1999 4:38:00 PM
From: Night Writer	Read Replies (2) of 97611

El, Old buddy, we are sucking wind on this one right now. Looked at the six month chart with BB and RSI. The BB looks like a misshapened snake with a large yowling mouth. The bar chart is riding the lower BB down like a screaming roller coaster ride out of control. The RSI is so low it reminds me of an infantryman crawling under barbed wire during a live fire exercise. This doesn't not bode well for the short term future. I feel like a river boat gambler betting his last dollars on the last card in a hand of guts. If I catch the right card, I win a big pot of cash and go party for the rest of the night. If I don't catch the right card, I get thrown off the boat. The only question in my mind is when do I throw the last dollars on the table. I know the card has a great chance of being good from looking at the other hands. Maybe Monday. Compaq at $30 and under has always been very very good to me. Then I will play golf all summer and see what happens. NW

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