EMC How high can it go? Message Board

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Technology Stocks : EMC How high can it go?

EMC 29.05

0.0%

Sep 15 5:00 PM EST

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To: Daflye who wrote (6136)	5/3/1999 11:38:00 PM
From: Christian Atallah	of 17183

Lets face it guys...it could go either way here. I am looking at the 200dma as the absolute downside risk. That would put it at 80 bucks a share, whats his name is right about the technicals, they are BAD, whats more I am in at 115 and change, I thought it would ralley to new highs after the low of 100 and bounce to 116, but here we are now at 107. I am NOW in for the long term and am hoping for the best but expecting the worst. The 50dma IS turning down and the stock has broken through it on the downside, that is very bad, ala DELL computers. I expect to be in this one for a long time, :(. Long term it should do fine of course, like we all think.

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