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To: Senator949 who wrote (9241)	12/7/1998 6:15:00 PM
From: Joseph F. Hubel	Read Replies (1) \| Respond to of 14162

"CPQ is has blown by it's all time high by about $3 and it's RSI is at an all time high." ****************** Sold CPQ April 40s for $6 at the close. I'll be happy for a net of $46. It may have a little gas left for Tues, but it's gone too high to fast not to be hit with profit taking. JFH

To: Senator949 who wrote (9241)	12/8/1998 8:02:00 AM
From: Herm	Respond to of 14162

Hi Robin, CPQ has really taken off! That's good news for all of you out there that caught the ride up. In looking at the BB and RSI, the BB continues to widen more as CPQ pushes up. No doubt, the momentum traders and newsletters are pumping up the stock. I re-adjusted the chart to show 18 months worth of plotting. CPQ has ventured into the current RSI levels on several occasions. So, you can see how many trading days it takes for CPQ to peter out with such a high RSI. CPQ has made a new 52-week high. Like Joe said in his reply, profit taken makes sense. It looks like $34-$36 is the new lower price support. Take a look to see the average pull-back amount for previous peak RSI corrections. That should give you a hint of the range of the swing. Like Joe said once, the BB and RSI is more of an art than an exact science. It does give you a better feel! It's better to take some money off the table at this point. Or, start hedging for the pull-back to protect what you made. askresearch.com