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Technology Stocks : EDS - Recent pullback a buy opportunity???

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To: pcyhuang who wrote (1784)10/28/2002 5:30:30 AM
From: Ditchdigger  Read Replies (2) of 1841
 
"Shorted the stock at $54" Still short? Like any other investment, one has to be right twice<g> to reap the profit..I think the sellers are looking washed out here..Picked up some shares at 13.75, with a target in the $29 area (approximate retrace up of 1/2 the "longtail down pattern" on the P&F chart).Of course we have to get past the $15 resistance line first, a print of 15.50 is key (triple top break on the piff chart,and upper BB break of 15.38- safe play is to wait for the break).Good luck all, mighty quiet on this thread, I like that<g> Looking forward to Weds. analyst cc.
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