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


To: Wayners who wrote (23087)10/22/1998 9:59:00 AM
From: Cragganmore  Read Replies (2) | Respond to of 45548
 
Had sold yesterday at 32 13/16 and bought back today at 31 7/8. One of my rare good trades. Long COMS. Thanks for your trading tips. And Joe's analysis.



To: Wayners who wrote (23087)10/22/1998 10:15:00 AM
From: matt fahy  Read Replies (1) | Respond to of 45548
 
moving into $33 territory how nice it feels, ok take the emotions away because it will be time to sell again...



To: Wayners who wrote (23087)10/22/1998 10:50:00 AM
From: joe  Respond to of 45548
 

Wayne,

>>The channel got a bit wider.<<

I tried to plot the short-term channel, and I got a
wider channel. Didn't know which pts to pick though.

>>Set protective stops at $30 even.<<

Wow, you are cautious!!! Course I know better than to
go against that thinking. Hopefully, I out before
then.

>>Possible range today within the channel is $31 to $35. Buy anything between $31 and $32 and sell anything $34 to $35.<<

Sounds like good practical advice.



To: Wayners who wrote (23087)10/23/1998 1:34:00 AM
From: joe  Read Replies (2) | Respond to of 45548
 
Wayne,

Still looking for $35 by tomorrow?

I think the channel widened a bit more today. Does this
mean more volatility is possible as the price goes up?

What do you think of a gap up tomorrow?

quote.yahoo.com

Possibly? Then profit taking, close the gap, and the rest of
the day is left to trend with the market. Only thing is I see
Globex2 nsdq100 down 7.35 pts...hmmm.

joe