SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Thread

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: KevinMark who wrote (30549)1/27/2001 3:24:21 PM
From: johnsto1  Read Replies (1) of 49816
 
KM
that's a interesting outlook on MCDT and I don't think there will be any middle ground on this one. As I have expressed in the past I am on the other end of the spectrum with MCDT and look at it as more of a LU years ago,when AT&T spun it out with it's top management right at the beginning of explosive,expanding growth. About 5 splits later LU is finally slowing down. I think EMC is doing the same thing with MCDT and MCDT will be the leader in it's space in the Storage sector. That's why they have a market though-to find out who's right.
As far as technical, I believe this graph will hold "the" reversal low for MCDT and I don't think MCDT will make a lower low this time but rather this will be the absolute low investors will have to get in before it breaks out to new wkly high past $122. Currently I think a hedge fund is using INCA as a naked short in a very dangerous Arbitrage game that will end violently to the upside breakout in the near term.
stockcharts.com[M,A]WBLLNYMY[DF][PD20,2!C50!F][VC60][IUB14!LG!LE12,26,9]

IMHO
j1
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext