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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (11206)	12/10/1997 2:37:00 PM
From: Bilow	Read Replies (1) \| Respond to of 94695

Hi GROUND ZERO; Another couple CPQ graphs. I really appreciate your comments on TA, I think you're a god on the subject, and it is quite mysterious to me. Please correct my terminology. I've been noticing flat periods with "stalactites" hanging down from them in the minute stock graph for CPQ. I am interpreting these as large limit orders being picked up by the small fish. Is this correct? Note particularly the midday flat yesterday. The last two days prices in CPQ: tscn.com The last five days CPQ: tscn.com The coil in CPQ adds another turn: tscn.com -- Carl

To: GROUND ZERO™ who wrote (11206)	12/10/1997 6:52:00 PM
From: James F. Hopkins	Read Replies (2) \| Respond to of 94695

HI GZ, things sort stoped sliding late in the day, the S&P came back a tad..and the international baskets also stoped sliding late in the day.. there is money on the side lines waiting to come in, they just want to pick a bottom.. trimtabs reported 1B a day coming into the mutual funds for the last 3 weeks..if she starts up before xmass she could spike real fast. Thing is with this down day you can see ORCL ( the one who triggered) this didn't fall any more, fund dumbs waiting to see how low this will go..me too I'm more in cash than stocks..but when she starts up I'm a going to be buying. Jim