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Strategies & Market Trends : APMP (formerly APM) -- Ignore unavailable to you. Want to Upgrade?


To: Rudy who wrote (9055)12/2/1997 5:12:00 PM
From: Wayners  Respond to of 13456
 
That is very interesting. Like nobody knew about COMS in advance. I'm glad I watched the chart like a hawk today and did not buy in. Never did like what I saw. I guess the only way to make money in this market is find something that is moving like crazy in one direction on high volume and just jump on the train and try not to be TOO GREEDY.

I've got my CPQ charts updated. Looks like a good one to short. Its in a flat trading range acting very predictable between the upper and lower FLAT bollinger bands. No trend in place. Like shooting ducks in a barrel. Quack Quack. 5 day stochastics are overbought and turning down. Might take a couple days to break below $64. Bottom is at $60 IMHO. The best way to play is probably to just watch for it to break down on high volume and climb aboard. No ticket necessary.



To: Rudy who wrote (9055)12/2/1997 5:16:00 PM
From: Wayners  Respond to of 13456
 
Here's a good post on the Disk Drive Industry comparing the current situation to the situation in 1991. Even SEG CFO agrees with the comparison.

Message 2837476



To: Rudy who wrote (9055)12/2/1997 5:56:00 PM
From: Greg R  Read Replies (2) | Respond to of 13456
 
Hey you inpaths - It looks like the COMS chart shown in the Nov 12 Inpathique Newsletter may be right after all. Remember it said Coms was a "bearish stock". It sounds like the chart may be almost dead on in its projection. It will be interesting to see the update for a comparison with the actual projection.