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Technology Stocks : Qwest Communications (Q) (formerly QWST) -- Ignore unavailable to you. Want to Upgrade?

To: SJS who wrote (2227)	9/17/1998 2:03:00 PM
From: Jorj X Mckie	Read Replies (2) \| Respond to of 6846

Steve, P&F does not look at timeframes. It shows oversold status for sectors, not good for day/position trading really since timeframes are not taken into account. Most of my timing is gut level or market knowledge (I play the techs predominantly). P&F shows resistance and support levels very clearly. QWST has resistance at $34 and then $39. If it breaks $34, I would expect to see $39 relatively quickly. It will slow down once it hits $39/$40. Standard disclaimers. Tom