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


To: joe who wrote (16833)6/4/1998 12:57:00 PM
From: Wayners  Read Replies (3) | Respond to of 45548
 
I'm on my second short of the day on COMS. Short at $26 3/8 and am hoping the pros run in down in the afternoon. I've noticed that most of the time the pros run a stock in exactly the opposite direction that the amateurs run in in the morning. COMS hitting resistance at $26 1/2. I don't know why I was calling it $26. Next resistance looks to be $27 1/2 to $27 3/4 area. Volume looks to be about average for COMS. A break above $26 1/2 would be a trend buster. I'm still betting with the trend and we'll see what happens. As long as I don't hold overnight I should be okay.