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

To: joe who wrote (23510)	10/29/1998 10:46:00 PM
From: Steve Porter	Respond to of 45548

Joe, Constraints, on COMS. When has COMS stock ever behaved as it was widely expected too? Really now <VBG> Steve

To: joe who wrote (23510)	10/30/1998 8:45:00 AM
From: Wayners	Respond to of 45548

For a long time I didn't believe in trendlines, support/resistance and T/A in general. I thought if it didn't all line up perfectly down to the 1/16 it must be a load of rubbish. Then I took a chart and starting plotting every line or trendline I could--and I mean I covered the screen. I was amazed when I ended up with an actual pattern to it all. It looked like a spider's net. At this point I knew there was a lot to it. Everybody is looking at this stuff. It was obvious. All of the uptrend lines were parallel and all of the downtrend lines were parallel. All of the diamond shaped patterns looked the same. I haven't rechecked the lines on COMS so I haven't picked real price points yet. This is a good exercise for reformed TA expert Joe.