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Technology Stocks : EMC How high can it go? -- Ignore unavailable to you. Want to Upgrade?


To: Jimbo who wrote (11183)9/21/2000 8:49:42 PM
From: TigerPaw  Read Replies (1) | Respond to of 17183
 
do you think it will get that low ?

Maybe, tomorrow people are going to weigh revenue warnings and high oil on one hand against generally good business on the other hand and make a decision. If the decision is to dump tomorrow, even after the gap down, then nobody will want to be in the market over the weekend and there could be a spectacular fall, 20% from high in EMC, 50% from high in Intel. In the absense of a panic there will still be a correction of 10% in most stocks. Monday will be the low of this cycle for a correction, low of the year if it's a panic. Don't know which it will be, I'll just have to watch and chew my fingernails like everyone else. (I guess I could try running around screaming).
TP