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

To: Mang Cheng who wrote (18860)	7/8/1998 4:05:00 PM
From: William Wang	Read Replies (2) \| Respond to of 45548

<<As qy (or Wang ?) stated before it crossed down and now crossed up thro' the 50 dma which is a good sign.>> Exactly. COMS's ability to hold up above its 50 day moving average is the main reason for my returning. BTW, I think traders use it as an entry point.

To: Mang Cheng who wrote (18860)	7/8/1998 4:32:00 PM
From: joe	Read Replies (2) \| Respond to of 45548

Mang, what's a good site to see graphs with moving average? I tried Big Charts, but I don't think it plotted the chart very well. Also, I know that dma is daily moving average, but what is ema? thanks, joe

To: Mang Cheng who wrote (18860)	7/8/1998 5:23:00 PM
From: chenys	Read Replies (1) \| Respond to of 45548

The 50 DMA has been brushed back and forth for so many times now that it is no longer important any more. One should look at the 200 DMA and the 2-year trend line now. When I mentioned 32+ as the point of pause right before the 5-point-or-so gap-up, it was what was based on. Such long-term down trend causes concerns and must be broken before it can run fast. We are in the process of forming a pattern to break that. In the short term. the recent consolidation from the gap up has finished, it seems. Today's close above that consolidation trend line (breakout of some kind) is a very good sign. People are watching how it closes today and will take action in the following morning. Look for a good run tomorrow, if history teaches us anything. Good luck to all of us!