WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 163.33

+3.5%

Nov 28 9:30 AM EST

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To: limtex who wrote (19685)	3/17/2001 1:04:52 PM
From: Zeev Hed	Read Replies (4) of 60323

limtex, I disagree with Art and still think we are going to have a bear market rally of significant proportion. I do however have a concern here that such a rally will not be a break in the bear market in general. Since 1900 on the Naz gave way, I have no good area of support (the 1880 intraday minor support on Friday was not good enough), and we may have a reapeat of May of last year in which we had a relatively long string of days in which excessive pessimism was required to prepare the market for a sizeable rally (to 4300). Right now, viewing the shambles, am picking Wednesday of this week as a potential good wash out day, but, if we do not get a wash out in the next three trading days, rallies should be suspected IMHO. I"'ll have to play it day by day for the next few days.

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