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Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?

To: megazoo who wrote (12469)	12/19/1997 4:24:00 AM
From: craig crawford	Respond to of 45548

<< that's what i think too. globex says that tomorrow should not be that ominous. otherwise, these futures would have tumbled precipitously. >> The problem is the Nasdaq just broke key support. The MSH will probably close below 418 today as well which is another key support. (It closed yesterday at 420.76 down 6.95) INTC just broke support on heavy volume and MSFT was down on much heavier than usual volume as well. CSCO tried but couldn't march to new highs and has been down the last two days. Today will probably be a third. If INTC and MSFT and CSCO are breaking down, so go the rest of the techs... The tech bear market has officialy begun. Yes, there will be rallies but ultimately a downward trend in prices.