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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Doug R who wrote (30383)6/22/1999 10:47:00 AM
From: Michael L.  Read Replies (1) | Respond to of 79273
 
CPQ,
Doug, I was watching CPQ for a long long time and all the time it showed the better price. I missed on Thu. when it was 20 and saw it back around 22.5. Thought that it was time to buy and then again it started to slide. Now it's back to 22.5. We may see something around 21 again. But I agree that now it's safer to buy portions by couple of hundreds. Chart is looking better.
IBM,
Your call to buy at 110 was just perfect. We may forget about it for now. I am not so sure about CPQ, but if you say... let's do it (with caution).
But I still have a desire to sell everything at this spike of the market. I don't think it was a correction, because I was not screaming (ggg). It still may come this summer. Michael