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


To: Wayners who wrote (23485)10/29/1998 10:19:00 PM
From: joe  Read Replies (1) | Respond to of 45548
 


>>The best you can do is play the odds/probabilities and most importantly---PLACE SMART ORDERS AT KEY POINTS. DO NOT GAMBLE. USE STOP AND STOP LIMIT ORDERS AS MUCH AS POSSIBLE.<<

You're right Wayne. I just need to get more use to this. I think
it takes some thinking and practice, don't you agree?

btw...I remember you're saying that while you use TA, news
events do come into play. Today, we got some strong
positive feedback on the quarter from COMS officials. Wouldn't
this change those trendlines a bit?



To: Wayners who wrote (23485)10/29/1998 10:43:00 PM
From: 45bday  Read Replies (2) | Respond to of 45548
 
Wayne thanks for the input. It sounds like you are saying it might just pay to sit it out for a few weeks and wait for a decent selloff. The downside seems to out weight the upside right now with out some big news.To try and get in an order at 32 1/2 or so for a pt or so might not be worth the risk. I have learned the hard way about stop loss orders. Over the summer I played the averaging down game with a few stocks. It can be an expensive lesson.

Will you short this at 35?