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

To: VFD who wrote (12838)	7/7/2001 3:07:58 PM
From: Jacob Snyder	Respond to of 17183

Yes, I'm expecting a rough ride also. I'm probably going to spend the rest of 2001, and maybe much of 2002 as well, trying to catch the bottom on EMC and others on my buy-list. On rallies, I'll sell my higher-cost lots, and try to reload when the rallies fail. I have the cash to buy, if EMC makes one more plunge (16 is my next, and last, buy-point). If we go lower than that, I just hang on and wait. So far in this bear market, we've have three rallies that were so impressive, it convinced many the bull market was resuming. I expect at least one more bear rally, a 50% rebound in the SOX, and then a collapse to new lows. A rough ride.