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Technology Stocks : EMC How high can it go?
EMC 29.050.0%Sep 15 5:00 PM EST

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To: ratan lal who wrote (3067)9/22/1998 1:46:00 PM
From: ZombieMike   of 17183
 
This Looks like a classic head and shoulders formation. The formation is even clearer when compared side by side with a volume chart. Further, this current formation is not in line with the past patterns indicating a strong move up in the near future. IMO, the chart, the overall market, and this years gains seem to indicate this ones taking a breather. Great company with tremendous profit margins. HOwever, October looks grim overall.
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