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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?


To: Lynn who wrote (73319)12/6/1999 9:33:00 PM
From: Christopher  Read Replies (2) | Respond to of 97611
 
Lynn, Nice to hear from you. Stocks are like anything else, they are governed by supply and demand. TA is the study of the supply and demand on a stock. CPQ has created a reverse Head and Shoulders indicating that the trend reversed to the upside and that the bulls are in control now. The best months of the year for the stock market are November trough January. NASDAQ should do well during this month and the next month. CPQ should do very well during that time. It could easily retest its old high of $50. Off course, you have to watch out for any unpleasant Y2K surprise but I personally don't expect any big problems. However, a stop
would be in order to protect your investment.

Good trading,

Christopher