Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Weekapaug who wrote (8442)	11/3/1997 12:34:00 AM
From: Zam	Read Replies (1) \| Respond to of 97611

The Hang Seng soars monday 11/3 it is up more than 5% at mid day. If we have a ralley like in Hong Kong we can be up easily 300 DOW points, I expect the DOW Jones to be at 7800 in the next two to three trading days, and I expect CPQ to be at 75 during this ralley. by end of month we could see new highs, as I said, last weeks prices were for wholesalers only, the public is too confused and scared to make large positions. I expect the ralley to be for several reasons 1) we are heavily over sold 2) The foreign markets are soaring 3) too many people are cought short, and I expect a short squeeze, they all have stops, and I believe that when they are takent, they will be forced to buy back to cover their short positions, especially in CPQ 4) CPQ announced that a decline in Asia will not affect its profitability To all the Bears, put stop losses early, or face to see your portfolio suffer a major hit, every time this market looks like things are bad, it goes up like sky is not the limit...