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

To: Skipper who wrote (12772)1/5/1998 10:14:00 PM
From: Jorge  Respond to of 97611
 
Skipper......My thoughts too.....I was hoping to pick some up today at 58 but missed it......Like you said, after the steep rise in price I think there will be up to an 8% correction (usual, normal amount after a steep rise) where a retracement to 57/58 would be about right.....This pullback would be normal, not like the plummeting, on higher and higher volume as in the 'correction' we had the last couple months.......If I don't pick up more at 58, 60 or 61 is still in the lower 1/3 of the move I expect CPQ to make over the next few weeks.........George



To: Skipper who wrote (12772)1/7/1998 1:20:00 PM
From: Skipper  Read Replies (4) | Respond to of 97611
 
Thread:
This is it....the pullback I referred to in my last post. Barring another major market "correction", CPQ should be heading due north from here, only to stop and hesitate at the next resistance level of 69 / 70. (IMHO, of course)


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