WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 241.92

+8.5%

3:59 PM EST

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To: Art Bechhoefer who wrote (24106)	12/6/2003 8:40:02 PM
From: Road Walker	Read Replies (2) of 60323

Art, The stock is up 400% in 10 months. A 50% retrace is not only possible, it's likely. You would be paying $75 for a $37 asset. And it could be even worse. I've traded options for many years. That trade scares the hell out of me. My advice, close it asap. And I almost never give trading advice. Maybe it will work out. But imho you are not catching a falling knife, you are throwing yourself in front of a speeding train. John

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