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

To: TechMeister who wrote (21774)	9/21/1998 5:49:00 PM
From: joe	Respond to of 45548

>>WHat are the chances that we will see less than 32 tomm? I am looking for an entry point around 31.5 Anyone with TA perspective?<< I'm not a TA expert, but I'll give you my guestimate from watching COMS for months. I think, if there's a chance to get it below 32, it would be before noon, and maybe in the first hour. It could either start off real fast tomorrow and then dip and come back, or it could start off weak, maybe some profit taking, or the general market is down. But by midday, it's going up, or at least it seems that the MMs keep it in a narrow band like they did today. And I would think the band will be at a higher point than where we started. Also, CS seems to be doing better, so that may spur a little heavier buying in COMS, in which case, it may jump up a 1/2 pt to a pt and stay at least at that point. I tend to think, if you don't get 32 within 1 1/2 hours, then think of another entry point. JMO...I may be totally wrong, because it's very hard to predict COMS. joe