<<< Damnit, stop trying to hype EMC... dont you know your every word moved the stocks on this board 10,20,30%! Wait, that is me... LOL
EMC< currently 2nd time below 20 day moving average since October correction.....>>>
Neither you nor I can hype this stock lol. They are too big. It takes institutions. But we may make some money if we know what the institutions are doing with it.
<<< SUNW (another one of my "whenever I hype it it goes up 20% stocks) broke 20 day for 1st time since October...>>>
The strength with SUNW is because they are taking business away from IBM in the server area, is this correct? Or people believe them as the next MSFT (in the Java area etc)?
<<< CSCO, MSFT also below 20 day lines as of Friday... sigh Either we correct Monday or we could see some drops to 50 day lines ...
Not good!>>>
I am not too sure the direction of market movement Monday. It could be either way. Tech stocks are a little weak at the moment, but it should not be like that forever. However, it doesn't sound like a good entry point either.
Among these 4 stocks (EMC, SUNW, CSCO, MSFT), say we are convinced the market is bottomed out and the correction is done, which one would you pick 1st, 2nd, 3rd, and 4th, and why? Care to share that idea? |
