WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 152.20

-3.7%

Nov 4 3:59 PM EST

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To: Tumbleweed who wrote (14159)	8/23/2000 11:45:01 AM
From: JH	Read Replies (2) of 60323

OT Thread: we all have the option to invoke the "ignore" feature - it's very useful! I've used mine - frankly, I don't understand the value of recommendations which basically states that a stock trading at $100 today would be a "buy" if it manages to drop down to $95 within the day. BTW, the NYSE composite index just reached all-time highs, with expanding A/D. The broadening characteristic of this current rally should be supportive of a rally in the Nasdaq indices. The NDX held short-term support during today's intraday dip. Very nice. Currently, the NDX is running into a little resistance at 3856 (50% retracement of this year's trading range), but I believe we have a good shot at retesting the July highs of 4083 (38% retracement) within the next few weeks. Above that, 4363 represents 24% retracement. Good luck, everyone. Hang on !

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