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Technology Stocks : EMC
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To: meveric who wrote (311)2/18/2006 1:05:54 PM
From: VFD  Read Replies (2) of 368
 
Your obsession with this stock must be keeping you awake all night.
To make things worse you don't seen to have a clue as to what you want to do with it. Hold it trade it exchange for ntap short it.
In case you have not noticed ever since it dropped below its 200 dma where support was strongest it has been trading in a very tight range sometimes on high volume. Resistance is no longer at 15 or even 14. Resistance is now around 13.5 or just below the 200 dma.
If you are a lt holder you should not worry about stuff like that but if you are going to start messing around with it you are setting yourself up for a big loss. I am not sure I would short it here.
BTY I sold on 1/25 the shares I purchased during the sell off in early january. I have stayed away from it since for the reason I just stated above. So long pal.
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