EMC How high can it go? Message Board

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Technology Stocks : EMC How high can it go?

EMC 29.05

0.0%

Sep 15 5:00 PM EST

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To: dennis michael patterson who wrote (3439)	12/22/1998 12:57:00 PM
From: Loren	Read Replies (1) of 17183

To All... Technical Analysis of EMC. Weekly Data: MACD histogram extremely high, and pulling back a little bit. This indicates that the stock is 'decelerating', although clearly still in an uptrend that could continue indefinitely. ADX indicates that the uptrend is the strongest EMC has experienced since summer '97... Daily Data: Stochastic had pulled back, is now pushing back upwards. short term trend looks good if not foiled by other events (e.g., Clinton, Iraq, etc.) What I am doing: long, holding fast... Disclaimer: ===> Don't construe this as a recommendation. This is just some crazy technical analysis of a stock... everyone knows it's mumbo-jumbo... LOL :-) Merry Christmas! Loren

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