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


To: Wayners who wrote (18710)7/6/1998 5:39:00 PM
From: joe  Read Replies (1) | Respond to of 45548
 


So you think that the trend is up, and it all started
with the earnings report and the hugh gap up, right?
That's your major indicator of an upward trend, or
actually it's breaking the resistance alone, at 27 1/2,
that's giving you the main indicator?

Does this mean you'd hold on? Or do you just play
it by ear?....possibly waiting to see if COMS next
earnings report keeps boosting the stock up?

If we had broken resistance at 32 1/2 and probably gone
to 36 lets say (the next resistance), then we'd be
doing all this retracing til the previous support of
32 1/2 correct? (provided no major news that upsets
the pattern I guess)

So, what's your reason for not jumping on the Yahoo
bandwagon? Isn't COMS considered a slow muddling
approach to trading, considering Yahoo...you could
make your year in a few days possibly:-)

We may have already lost a few COMS players over
to the Yahoo seduction.

joe