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


To: Steve Porter who wrote (24432)11/12/1998 12:18:00 PM
From: joe  Read Replies (1) | Respond to of 45548
 


Steve,

>>nothing like a nice clear picture from the charts<<

TA is confusing, but maybe the main reason I put
that up is that some TA folks believe the stock is
going to 29-30 because of some trend line analysis.

Well, even though we are in a pullback, we are well above
most of those DMA lines. I'm not a TA expert, but I hear
DAM lines mentioned constantly, so it must be important
to TA folks. I'd like to see them include this in
their forecast.

btw...looks like COMS is holding up OK so far, and volume
is better than it has been the last 2-3 days, but I'm
reserving judgement for a while longer. I will find
it encouraging if we close above 34 today.

joe