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Technology Stocks : EMC How high can it go?
EMC 29.050.0%Sep 15 5:00 PM EST

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To: Nichols who wrote (6901)6/29/1999 4:35:00 PM
From: SJS  Read Replies (1) of 17183
 
EMC exhibited the exact same trading pattern yesterday as it did today. With huge gains by the indexes/averages, EMC stayed down and then rallied to get back to even/close to even.

I don't, frankly, know how to interpret this action. I'd like to think it's moving out weaker (frustrated???) hands that want to sell. It also may be preparating for a move up into the high 50's as a new base.

Or....the quarter is closer than we think....

I see the pattern, just don't know why yet.

Steve

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