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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (18840)	2/6/2001 11:28:50 PM
From: Walkingshadow	Read Replies (1) \| Respond to of 19374

I not sure what "breakout" you're referring to. If you mean the intraday rally, I don't see that there are anything but bearish implications there. The bears beat the pants off the bulls today with EMC. EMC has failed at the test of resistance at the long-term moving averages. There are early technical signs that EMC might begin to stabilize here, but today's candle is bearish. That candle sits on support, which I suspect will be tested shortly, and the most likely scenario is that EMC will fail there. askresearch.com JMVHO....... WS