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


To: Roger A. Babb who wrote (20474)3/8/1998 1:41:00 PM
From: Bald Man from Mars  Read Replies (2) | Respond to of 97611
 
<<Bald Man, I was serious with my prediction of a $25 close. If it goes
under $20 I will be a buyer. I am mostly short now (but not short cpq),
need a few good long positions and am hoping to get CPQ on the cheap
Monday. I predict that CPQ will open at its low for the day, then go up.
The bull market is still on its feet.>>

Unless you are a short term trader, then you can buy at the open
which I also expect to be the low of the day, and then it might go
up for a couple of days to allow the Market Makers to clear out
of the inventory they got in cheap at the open, then it will go down again when other companies pre-announce their earnings shortfall.
to retest its low.