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


To: John Carragher who wrote (3677)1/8/1999 1:21:00 PM
From: JDN  Read Replies (1) | Respond to of 17183
 
Dear John and all: I think whats going on is we have had a major relatively quick run up. MM's testing the RESOLVE of the BULLS. JDN



To: John Carragher who wrote (3677)1/8/1999 1:40:00 PM
From: james dean scott  Respond to of 17183
 
John,
Watching this stock drives me up the wall. There seems to be resistance at 93. Everything above that is momentum (news on 95+ projections). Without using TA, you have seen it as well as the rest of us that this stock marches to a different drummer (down on up days and up on down days). As far as the MM goes I see them keeping it at a level or trading range that is within the stocks fundamentals while waiting for the earnings report. This stock will take care of itself and you are going to see some strange days such as today.

This is just one traders point of view who is trying to eek out a living.

Regards,

JD