WDC/Sandisk Corporation Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : WDC/Sandisk Corporation

WDC 166.30

-4.7%

Dec 17 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Steve 667 who wrote (25279)	3/4/2004 3:32:24 PM
From: Drbob512	Read Replies (2) of 60323

Steve: Some people like to use some chart interpretations and technical indicators to help in trading. For long term investors it is of less usefulness and short and intermediate term signals and resistance levels are of less interest to them. I noted that the stochastics crossed up and on good volume a few days ago and that i noticed (though not posted here)after having fallen sharply for months, it appeared to have finally based. 30 is only a psychological resistance level, and not a true technical resistance level. If anyone is interested i can post that. I for one believe it will go above 30 in March based upon technicals. I like the fundamentals on SNDK as well. Technical analysis is not everyone's cup of tea, and certainly TA is not a crystal ball, and is mostly backward looking unless one is doing elliot wave analysis. Anyone care to do a EW wave count on SNDK? Would like to see that.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next