EMC, why does it keep going down? Message Board

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Technology Stocks : EMC, why does it keep going down?

EMC 29.05

0.0%

Sep 15 5:00 PM EST

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To: Don Kollmar who wrote (116)	9/24/1996 6:47:00 PM
From: Steven Angelil	of 144

The last trade today at 4 pm seemed to be at 25.625. I noticed that the bid was 23.375 and the ask 23.75. I went to the gym and checked my monitor an hour later and it was 23.50 by 23.75. Is this what you meant by aftermarket, or did it climb a quarter point above 23.75? Also, the CNBC guy(Murphy) said the next level of resistence would be 27. My question is did EMC pass the test of 23, because 2 days ago it did close over 23. However, each time in the last two days, whenever the stock approaches 23, it seems like a brick wall is hit and it cannot trade OVER 23. Does this mean that resistence has held at 23 and the stock is going to retreat back to 20? HELP, i am long and i am not sure when to get out. As of now, i have a stop in at 22.25. Any suggesstions? Thanks, Steve

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