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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: TWICK who wrote (79626)	7/7/2001 4:04:10 AM
From: American Spirit	Respond to of 99985

When a stock warns on a sell-off day it's often oversold that very day. I think the market just priced in any concerns you have about EMC. In other words the knife has already fallen. But then again we'll see what institutional buyers do next week. EMC has always been a nice one to buy on dips but will it be this time? I bought today under 22 and hope I'm not wrong. EMC certainly deserves a nice valuation considering its dominant position in a mandatory service. But deserving and getting are two different things.