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

To: Raymond James Norris who wrote (22878)	10/19/1998 8:48:00 AM
From: Wayners	Read Replies (1) \| Respond to of 45548

OBV, RSI and DMI all use the same data inputs as any other indicator, open, high, low, close and volume. They just give you another way to look at the same data. They of course all lag. I recommend that you use simple trendlines instead--which do not lag. If COMS moves past $33, you don't lose much by using a buy stop at near $34. Another options besides just selling at $33 is place a really tight sell stop at $32 1/2 to $32 11/16 and see what happens. I will not gamble by betting on anything breaking out above an important resistance level.