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

To: Senator949 who wrote (36807)	11/18/1998 9:26:00 AM
From: Elwood P. Dowd	Read Replies (2) \| Respond to of 97611

Prudential raises GTW to a Strong Buy, saying that CPQ's new model is not a significant near-term threat. El

To: Senator949 who wrote (36807)	11/18/1998 12:12:00 PM
From: Night Writer	Respond to of 97611

Yes, I read Herm but didn't see the BB and RSI settings. I followed CPQ on a charting link where BB and RSI are preset. CPQ hit the BB and RSI hit 70. I checked Max- Pain and it was 27.5. I figured 30 was solid and sold at 1 1/4. I was premature. Setting the BB and RSI at Herms settings would not have indicated a CC sale until later and $32.5 or $35 at a later date. I don't think a date later then Dec is wise because of the potential for Compaq to adjust upward to $40 on earnings news. I think your Dec play might pay off. I think playing Nov was too conservative. It has been a good learning experience. The best part is it will force me to take a profit on my trading shares, and build up my cash reserves for future purchases at opportunistic points. NW