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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: Lynn who wrote (3399)12/19/1998 2:47:00 PM
From: Loren  Read Replies (1) of 17183
 
Lynn/others...

I am new to the EMC thread, but not new to SI or EMC...

I use TA (technical analysis) to time my buys/sells of quality tech stocks like EMC, DELL, etc.

I will be posting from time to time my TA look at EMC... if you or anyone else is interested.

I use MACD/ADX indicators on weekly stock data to tell me when EMC is uptrending/downtrending, and to tell me how strong the trend is.

Right now, EMC is in an uptrend... I have bought in, hoping to ride the trend. I will sell when the uptrend breaks down, because I have a much better than 50/50 chance of getting in later at a lower price.

So long term, I'm very bullish on EMC, but hope to make some of the same dollars more than once. :-)

While I cannot advise you on what to do, I can tell you that EMC is uptrending, and the chances are good that the next few days will be 'up' days for the stock... if the trend is not killed by William Clinton, or Iraq, or something equally as earth-shattering...!

Loren
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