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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: dennis michael patterson who wrote (4292)2/9/1999 10:43:00 AM
From: Daflye  Read Replies (2) of 17183
 
Looks like 101 will be the price to beat, doesn't look good. Looks like a test, and likely failure of 96 as support. Next stop 91.
Anybody do that Fibonachi thing?
A 38% retracement from 10/8 low brings EMC down to 84 (oddly the low from 1/13), a 50% down to 76.
Goldman Sachs conference doesn't look to be helping tech, at least not yet. Could it be that there is nothing new to say since the Morgan Stanley Con. and all the best news is already priced into tech for now?

Cheers,
D
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