SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?


To: WTSherman who wrote (5446)6/17/2000 10:57:00 PM
From: onurbius  Read Replies (1) | Respond to of 5676
 
RE: EMC

Clearly the chart looks unsustainable on the upside. Even Wall Street City Macroworld forecast calls for a decline:

Forecast Summary:
There is a 83% chance of being Lower in 7 days.
Most likely 6/23/00 level is $73.81, a 5.4
decrease vs yesterday's $78.00.

--------------------------------------------------
| 70% confidence range|
| Forecast Closing --------------------|
| Days $/share Change High Low |
|------------------------------------------------|
| 06/17/00 Sat |
| 06/18/00 Sun |
| 06/19/00 77.25 -0.75 79.16 75.34 |
| 06/20/00 75.99 -1.26 78.00 73.98 |
| 06/21/00 75.13 -0.86 77.23 73.03 |
| 06/22/00 74.55 -0.58 76.75 72.35 |
| 06/23/00 73.84 -0.71 76.14 71.54 |
--------------------------------------------------

Hmmm....to short, or not to short, that is the question...