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

To: Wayners who wrote (23055)	10/21/1998 2:25:00 PM
From: joe	Read Replies (1) \| Respond to of 45548

Wayne, TA lesson #1: TRENDLINES when the DOW and the Naz are completely vertical (going upwards), ...BUY!! CONSERVATIVELY YOURS, joe PS...you got any $$ I can borrow, I need to buy more COMS<G> AGAIN, CONSERVATIVELY YOURS, joe

To: Wayners who wrote (23055)	10/21/1998 9:24:00 PM
From: joe	Read Replies (3) \| Respond to of 45548

Wayne, Are you reconstructing the short term channel given the new data today? What's the TA crystal Ball have to say about today and the short term coming up? IMO, we are getting ready to get into 3rd or 4th gear (out of 5). We'll get to 35-40 by options fri. next month, but we exactly won't know till we get more data to look at. 37-40 will be 5th gear. Before we get there we will have a few speed bumps and have to slow down to 1st gear again (30-33). I'm not so sure the folks yesterday were a warning to slow down or short term market top. I think it was some weak hands that are in denial about the rate-cut movement, and probably will be in denial until the end of the year. They'll be pulling their hair out watching the market go up. That's my feeling. Big money will be starting too move in little by little (maybe faster) as the new rate-cut, new economic picture starts taking shape. One thing I'd like to get a grip on is how the credit markets are behaving. Is credit becoming easier compared to 2 weeks ago? Credit flow is improving, but how much, and how fast? Lot's of $$ will be coming in from the sidelines coming up, but how fast? etc.... This will determine if we get some pullback movement which if we can anticipate, can be profitable. Of course, there's still the unexpected surprise good news from some COMS contract that has to come out soon. Maybe during Network + Interop, Eric B. will say something. Analysts are hanging around there somewhat I think. He's probably due to talk to analysts for something or another pretty soon. I wonder if MMs are still accumulating some COMS? Possibly so. Momentum is on our side. COMS is recovering, and monetary policy is on our side. Liberaly yours, joe