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

To: Bruce L who wrote (19520)	7/23/1998 10:18:00 AM
From: joe	Read Replies (1) \| Respond to of 45548

>>A classic -though very painful - lesson in how effective TA analysis is: when the 28 1/2 support failed yesterday the stock goes into a free fall, to fill the gap as you say. (I just wish I was disciplined enough to have sold to take advantage of this. Obviously, I have fallen in love with this stock. A serious weakness.) << No, I think you did the right thing not selling previously. It's too hard to sell and buy lower, unless you don't care about loosing potential profit. Short term traders/shorters who are nimble enough can do it. Trading is for experienced hands with COMS. I've also thought that the only way to deal with COMS is too be all out trader or all out long. Or set aside one part of your portfolio that's always long...and another part that's purely for trading. The last part is what I was doing a little, but it got much easier to make $$ in DELL.<gg> Hopefully, TA theory is right and everybody who shouldn't be in COMS will be flushed out. Hopefully, the institutionals are scooping all these guys. Any body have a block count?