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Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?

To: Mang Cheng who wrote (15447)	5/6/1998 5:36:00 PM
From: joe	Read Replies (1) \| Respond to of 45548

Mang, Heavy call action on the 32 1/2 and 35 today. Not much on puts. Hey, last night I got a chance to read the 2 1/2% day traders. Sounded pretty interesting. I wish I could try it for about 3-6months -- maybe one day I will. I do have some serious reservations about the method. I think the zero baseline has to be more consistent, otherwise, you'll trigger the 10% automatic sell more often than you want, which would limit profits. With interest rate volatility over the last 1/2 year, I think this makes it difficult. But probably, all this can be overcome if a person can incorporate into the method some fundamentals about the company and the market. I'll probably keep thinking about it though. Looks like the market will be stalled out 'till we see unemployment numbers on Friday. I think numbers will be good for market, so we'll see a 'relief rally' afterwards - JMO. Interest rates are being buoyed by cancellation of T-bill,notes,bond auctions. Great news!! I'm a little worried about Indonesia. Some civil unrest, but I don't see gov't collapse anywere nearby. Probably, the IMF or somebody will donate $$ to help alleviate pains of the poorer class... HK behaved last night. They're pretty tough over there - it'll take a lot to make them fold. China - for once, dicatorship has its benefits<g>. Actually, looks like China will spend fiscal bucks to keep unemployment at a minimum. If they play there cards right, they'll be big winners in several years - and unbelievably, I think they know that!! Pretty soon, they'll have more capitalism than Japan. I will try to read the 10-Q tonight. Anything of interest that caught your eye? (other than the lawsuit stuff) joe