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

To: MIKenn who wrote (12017)12/23/1997 3:14:00 PM
From: Rick Slemmer  Read Replies (3) | Respond to of 97611
 
Kenneth:

Does this trend mean anything? Is this a "trend?"

Yes and yes. It is a microcosm of the larger downward trend we've seen since early October. People are selling into strength, and you can bet the shorts came out of the woodwork after the favorable mention on CPQ this morning.

Support is at 40, with token support at 50.

For the record, I shorted CPQ at 55.

Good luck!

RS



To: MIKenn who wrote (12017)12/24/1997 4:22:00 AM
From: ed  Respond to of 97611
 
This trend indicated that CPQ did not go to the negative territory in a big down day of the DOW.



To: MIKenn who wrote (12017)12/25/1997 11:03:00 PM
From: Kenneth R Miller  Respond to of 97611
 
Message 3041043
Check this one out FWIW


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