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Technology Stocks : Network Appliance
NTAP 110.51+0.4%Dec 26 9:30 AM EST
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To: alanrs who wrote (9654)12/19/2001 3:25:45 PM
From: Jacob Snyder  Read Replies (4) of 10934
 
TA: Tomorrow, the 200DSMA goes higher than the 50DSMA, for the first time since last December. One more indicator the trend has changed, to add to the list.

stockcharts.com[h,a]dahlnyay[de][pb50!b200!f][vc60]

I suppose the next resistance is the May 2001 double top, at 29. Above that, there is the line that held throughout 2000, in the low 40s. But who knows. Volume holding up nicely as we go higher.

NTAP and EMC charts look very different since the panic-selling-lows, I'm still waiting for the news that explains why. While NTAP has quadrupled off the bottom, EMC has stalled, is now dipping below it's 50DMA, nowhere close to the 200DSMA.

The NTAP chart says we're going to the moon. The valuations say we're already in the stratosphere.
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