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: Kenneth R Miller who wrote (12580)	1/3/1998 5:03:00 PM
From: Jorge	Read Replies (1) \| Respond to of 97611

Ken....I rarely want to buy a stock on only 2-3 days observation.....All false rallys have stock price increase, until the long slide backwards.....I used to guess at bottoms and have been disappointed on more than one occasion.....When I began to understand the volume/price correlation, along with overall market measurements, both technical and fundamental, I have been seldom dissapointed....I have been poring over all the data I can this weekend and it looks like we have hit bottom, finally, and are on the way up.....There's lots of reasons for this......My strategy has kept me from buying CPQ at much higher levels trying to "guess" at a bottom....I know I will never get in at the exact bottom using these techniques, but I will get in on the lower 1/3 of the pricing action.....That's good enough for me.......Probably Monday or Tuesday........George