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To: Trio who wrote (9672)12/13/2001 12:19:15 PM
From: Normandi  Respond to of 10934
 
Trio

I have no TA opinion or suggestions.

Cheers
~Norm



To: Trio who wrote (9672)12/13/2001 1:05:41 PM
From: Crystal ball  Read Replies (2) | Respond to of 10934
 
NTAP retest $16 = NO NEWS, but there could be news coming. I think the only way to secure the USA is obviously going to be to have better intelligence on the terrorists, and that might mean, for instance, putting visual recognition camera at every airport and public transport and other locations, which will require a lot of data STORAGE and that means that EMC and NTAP will do great.

Right now NTAP has soared on the known fact that its customer base is smaller enterprises, which recover first, and therefore, NTAP's price has had a RALLY as I predicted a year ago and many times since. This will be followed by EMC having a RALLY and criss-crossing back to a higher price point than NTAP, which has occurred during the down cycle and up cycle each time because EMC's customer's are larger Tier 1-5 customers, and they LAG in purchases and thus reporting DEALS and EARNINGS for EMC.

So now that profit taking has and is taking place, NTAP will drop below EMC price unless EMC price rises above NTAP, and I think we will see both directions happening at the same time. The only thing that will stop this is more news, now that the FED rate cut is over with, like CONGRESS ANNOUNCING ECONOMIC STIMULUS package before Christmas, or larger CONSUMER BUYING at Christmas, since all that customer data will increse STORAGE demands, as will end of the year TAX BUYING by corporations, all sparking STORAGE purchases and thus improved outlook for INCREASED EARNINGS. However, the terrorists database STORAGE and other security STORAGE measures would help of the US gets to implementing these measures. Or Private Companies do it and sell it to the government. Both EMC and NTAP will return to their prior highs well above $90 next year.
I am,
Truly your$,
-Crystal Ball



To: Trio who wrote (9672)12/13/2001 6:22:01 PM
From: Jacob Snyder  Respond to of 10934
 
re: 16 support:

I, on the other hand, have lots of opinions (I reserve the right to contradict myself and change my mind day to day):

stockcharts.com[h,a]dahlnymy[dd][pb50!b200!f][vc60]

Around 16 is:

1. 200 day simple moving average, which was resistance for most of November, and should now be support (now that we've decisively broken above it)

2. August high