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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?


To: rupert1 who wrote (31726)8/27/1998 7:43:00 PM
From: Trader J  Read Replies (1) | Respond to of 97611
 
Vepoc,

I would try not to read too much into the percentages, especially today. I got out of my position two days ago because I did not like what I was seeing. Tomorrow, I may be back in.

CPQ is the volume leader in most cases and it will/can lead the market up, but by the same token, it can lead it down. In this case however, the market had the end of the leash. For the most part, you will find your volume leaders over correct a bit when compared with the rest of the sector.

Go to sleep knowing that, unless Russia gets worse (Yeltsin throwing in the towel), you will get your 2 points back tomorrow.

My personal picks for tomorrow: FORE, COOL, ABTX, CYCH. **This does not serve as a solicitation to buy and products or securities...yadda yadda yadda.

Good luck to all.

Jeff