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

To: Satish C. Shah who wrote (49386)	2/24/1999 1:29:00 AM
From: dav	Read Replies (2) \| Respond to of 97611

I don't understand why GWT can hit $80, CPQ can not inch to $50, what a shame!! DV

To: Satish C. Shah who wrote (49386)	2/24/1999 6:44:00 AM
From: rupert1	Respond to of 97611

Satish: I've no idea why you think I'm mad at you. I like to know what good TAs say, ("good" meaning those who know their theory and who can relate it with logical consistency to the fundamentals). I don't find TA prediction worth very much, but often the arguments TAs use to generate prediction provides factual information about volume and momentum. The better TAs seem to be FAs in disguise. Acompora statements yesterday sums up the futlity of TA. He said that although all the TA analysts agreed that the market should have corrected further, the market wanted to go higher. (BTW he acted like this before the October lows - having given mild warnings - and been rewarded with a dip - he then said because the nifty fifty wanted to go higher the market would not correct further; that afternoon he changed his mind and said we were now in a bear market - what happened in the intervening couple of hours? - the nifty fifty decided they wanted to go lower.)