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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Night Writer who wrote (35583)	10/31/1998 9:16:00 AM
From: Richie	Respond to of 97611

NW, Thanks for the TA..... looks like I may have a chance to get back in before the next run-up...probably around DELL earnings time. Hit'em Straight! RichieH

To: Night Writer who wrote (35583)	10/31/1998 9:54:00 AM
From: HoodBuilder	Read Replies (1) \| Respond to of 97611

A P&F perspective... For those familiar with Point & Figure T/A you should note that CPQ is sitting just below the Bearish Resistance Line @ 33. With Friday's powerfull move to 32 intraday we just added two new 'X's" to the reversal off the bottom where a Bullish Triangle has formed. Although this is not as powerful as a Bullish Catapult formation, CPQ looks very good and will look even better if we can pierce the BRL and print 34 from here.This should lead to a run to new highs. RS is still on a Sell Signal but Momentum just flipped Positive. I would love to see CPQ put in a few "Dell pre-earnings run type days",and show the Dellheads that we ain't dead yet.