SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?


To: blankmind who wrote (16881)6/4/1998 6:42:00 PM
From: joe  Respond to of 45548
 


<<"...how about the next "resistance level..."<<

I have a hard time of thinking of any resistance under $30.
We went down on such low volume, that nothing was formed.
From my meager understanding of TA, I would think
resistance is created by large volume.

The last few weeks have just been a battle of nerves
(heavy duty technical trading; zero fundamentals),
of which the shorts won round 1, and now we are
at round 2. The object is to survive, not to
so much to beat your opponent. Anybody who survives,
long or short, are the real winners.

(I personally, have one leg cut off, but I'm still
standing...<gg>...and you shorts better not cut
off the other one..<gg>)