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


To: Analog Kid who wrote (16985)2/7/1998 1:38:00 PM
From: Satyr  Read Replies (1) | Respond to of 97611
 
Good point. The recent levels should be hard to maintain. I think it extremely possible to see a 200 to 250 point pullback in the DOW and 60 to 80 points in the NASDAQ. That would probably take CPQ back to the 32 area and give you another chance to get some more cheap. All markets look bullish but it's to much to quick.



To: Analog Kid who wrote (16985)2/7/1998 1:53:00 PM
From: WeisbrichA  Respond to of 97611
 
I agree 100%.. Actions of these two are magnified when market already appears overbought and are just the trigger for small (or very large) corrections.

RW



To: Analog Kid who wrote (16985)2/7/1998 8:35:00 PM
From: williet  Read Replies (2) | Respond to of 97611
 
Or mass buying, when the USA obilerates SADDAM for the last time, as we should have done before, the market will rally 200 points. The price of oil will become stable and rising and this world threat will be gone for awhile. CPQ will benefit only marginally from the demise of SADDAM, however, the market in general will applaud the action as will the rest the world. Boy and Girls it should only get better from here.
williet IMHO