Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Western Digital (WDC) -- Ignore unavailable to you. Want to Upgrade?

To: space cadet who wrote (7096)	11/1/1997 2:15:00 AM
From: Johnathan C. Doe	Read Replies (1) \| Respond to of 11057

Space Cadet, my current thinking after watching everytning today is as follows: WDC looks to be putting in a new floor at around 30 (brilliant - my 5 year old came up with this looking at the chart) with downside solid support at 27. It might breakdown below 27 just to kick out every last person with a stop loss before returning to 30. After the PC makers finish their meltdown, we will be ready to move up again. This could take months to finish. It will be a process.