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Technology Stocks : Jimbo's Playhouse/CPQ -- Ignore unavailable to you. Want to Upgrade?

To: Kenya AA who wrote (4582)10/10/1999 6:49:00 AM
From: Mao II  Read Replies (1) | Respond to of 12663
 
K: I agree with you completely. The chart is kind of alarming, however. Stochastics, OBD not encouraging, plus its fallen below its 50 and 200 ma. Hmmm. I would suspect, for the short term anyway, that earnings will provide an opportunity to play it. IE: it might continue to fall to 110 and perhaps beyond, only to rise with earnings. Of course, if the hardware slowdown is significant across the board -- from pcs to network equip, chips and mini and mainframes -- and the company talks about Y2K in dire tones during the cc, we will ALL be in trouble. M2



To: Kenya AA who wrote (4582)10/10/1999 7:47:00 AM
From: Mao II  Read Replies (2) | Respond to of 12663
 
K: Here is a guy on IBM thread who sees classik head n shoulders in IBM chart. If it breaks 108, he thinks, it could washout to 90. Dunno about 90, but I would say a break of 110 is serious. M2
Message 11497438


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