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

To: TechMeister who wrote (23574)10/30/1998 11:13:00 AM
From: joe  Read Replies (1) | Respond to of 45548
 


>>Steve, Wayne, Joe, What about the GAP between 34 5/16 and 35 3/8?? Thats gotta be closed right?? So, Should I buy around 34 3/8
or so?? <<

Good question. Going by history, yes, it will get closed, but
I'm not sure about today.

Today's one of those days that's a big difference. So maybe
COMS is on another level, but more probably it will retrace.

IMO, CLEAN BREAK out of 38 will be the "real move" I'm looking
for.

>>Should I buy around 34 3/8 or so??<<

I sold 50% of mine at 35 7/8. I'm already wondering when to
rebuy again. I have another 50% limit order for 37. I will
see how the day goes.

joe



To: TechMeister who wrote (23574)10/30/1998 11:33:00 AM
From: Steve Porter  Respond to of 45548
 
Tech,

Not all gaps are closed. Especially if there is a lot of volume between where the gap is and where we are now (which is the case in this situation). This is a large part of preventing aa gap from closing.

Steve



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