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


To: Wayners who wrote (24248)11/8/1998 5:15:00 PM
From: joe  Respond to of 45548
 


>>Yes Joe. I think you are getting good at this TA stuff. It can go either way. The only certain thing that is truely predictable is that the magnitude of the move will be large, its just a matter of getting the direction right. Be prepared for a move in either direction. Be prepared for a downward move by taking profits. Be prepared for an
upward move by strategically placing a buy stop order higher.<<

A large move definitely seems in the cards. Ok, we can't predict
direction. How about timing? Does it look like the move might
happen Monday or Tuesday, or is this another thing that
can't be pinpointed? If it can't be pinpointed, then we are
going to keep getting very low volume days and it would seem
unusual for this to continue....but maybe it can?

I'm thinking of those sell/buy stops (I don't think I'll use
the limit stops). But I will be keeping a close watch on this
also.



To: Wayners who wrote (24248)11/8/1998 11:31:00 PM
From: cbstock  Respond to of 45548
 
Hi Wayne,

Haven't talked to you in a while! Great to find you.

Do you have an opinion on COMS? The end of day TA data seems strong and the data would indicate future strength, but that is true for almost the whole tech sector now. The market has been liquidity driven for the last 2-3 weeks and COMS is benefiting from this positive feeling. What are you doing with your options position?

Regards

Chuckb