Adobe (adbe) opinions Message Board

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Technology Stocks : Adobe (adbe) opinions

ADBE 312.38

-1.8%

Nov 20 3:59 PM EST

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To: goober who wrote (2395)	6/1/1998 9:18:00 AM
From: country boy	Read Replies (2) of 3111

All: Well, there's been so little interest in ADBE that the thread got stuck into the Archives. What gives? This is a great trading stock for those who recognize it; the forever bulls are always wrong; so are the bears. This is the belated correction that I was looking for after the last earnings. This stock should never have run up to 50 +. (it did, though, and I missed that good rally, but I've been shorting it ever since support at 48 was broken. Until Friday, I was looking for 40 to hold with resistance at 42. Now I'm not so sure. If we close under 39 1/2, I think 33 is not that far away. good luck to all, country boy

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