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

To: blankmind who wrote (18923)	7/9/1998 12:24:00 PM
From: joe	Respond to of 45548

>>we definitely are seeing people get out of this stock, but not as many large sales as from the small investor who is probably happy to be even or exit with a small loss/gain after coms recent gyrations. bid sizes have in general been larger than the ask sizes, with many of the ask sizes 2k or less. for a while we had larger ask sizes.<< Yes, I think the 'accumulators' are holding off their buying if they see the price can go down. That's what was happening yesterday I came to the conclusion. But at some point, it's possible the accumulators will be competing against each other, and possibly with the shorts also, and hopefully the fireworks will really start! Next stop, breaking 31 3/4 - 32 resistance. Once that happens, then it's $35+ (200dma), that will be easy resistance. Then the VERY DIFFICULT RESISTANCE will be at 38 (oh, I remember that soooo wellll<gg>) BTW, no, I'm not on drugs, just the bull pituitary gland I have is growing horns again. :-) joe