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Technology Stocks : MEMC INT'L. (WFR -NYSE) The Sleeping Giant?
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To: Carl R. who wrote (2078)8/21/1997 9:48:00 AM
From: Zeev Hed   of 4697
 
Carl: Agree with you on the disk sector, just took my chips off the table there. If we get another strong day, you are correct and we will go to target before October. Another scenario, however, is that the bond does not go belowe 6.5 and instead goes back to 6.7, that will form a strong double bottom at 7600 to 7700 and I then do not see an October massacre at all, but just some weakness late November and beginning of December. The next few days will be telling, the SI-BTB is getting out of hand too fast again, so I vote for the second scenario.

Zeev
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