WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 236.33

-2.9%

3:59 PM EST

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To: Art Bechhoefer who wrote (24107)	12/6/2003 11:07:52 PM
From: Nancy	Read Replies (2) of 60323

$59 is the prior top in summer and it made a free fall similar to the one it is making now. it bottomed at 47.9. and resumed its upward climb without any serious correction until this break. uptrend line is broken when it broke 80. the gap at 67ish did not hold also is a bad sign. huge volumes in this down leg suggests big boyz are bailing. pull up a 6 month chart you can clearly see it. i saw someone posted a very sensible analysis on sndk to you. i hope you understand the supply/demand and capacity issue in a commodity business. Also the danger of selling naked puts. also dont forget next qtr would be seasonal weak period. good luck.

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