WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 147.84

-4.0%

11:38 AM EST

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To: Jason Rooks who wrote (2037)	12/11/1997 1:03:00 PM
From: Loren	Read Replies (2) of 60323

Jason - I agree, you're right that TA can't claim that it predicted that SNDK would drop as far as it did today. Clearly the influence of the Asian markets got to it. It materially changed the process and balance of buying/selling to the point that the support level crumbled (temporarily at least). However, TA did clearly show that with or without the Asian influence, SNDK was and is in a real, sustained downtrend. I'm not sure why folks try to trade against bearish action. Why not wait for a developed uptrend, and then trade with the trend? Loren

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