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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: thesilenttype who wrote (34183)2/27/2002 12:41:00 PM
From: Dave Gore  Read Replies (1) of 99280
 
Silenttype, sectors and niches are up one day and down the next. Everybody, including the firms that analysts represent, try to get everything as cheap as possible before upgrading. Look at the bargain many got in CA at 14+ a few days ago. XLNX dropped to 33+ the other day, even after they upgrading guidance by 10% and now it is 38 and being recommended.

EMC was just at 11-12 and ran to 18, now it is near support again. Have a look. Upside reward is 6 points, downside is .75 points.

EMC CHART:
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