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


To: dennis michael patterson who wrote (4292)2/9/1999 8:01:00 AM
From: John Carragher  Read Replies (4) | Respond to of 17183
 
Can you share the highlights of the article in ibd



To: dennis michael patterson who wrote (4292)2/9/1999 10:43:00 AM
From: Daflye  Read Replies (2) | Respond to of 17183
 
Looks like 101 will be the price to beat, doesn't look good. Looks like a test, and likely failure of 96 as support. Next stop 91.
Anybody do that Fibonachi thing?
A 38% retracement from 10/8 low brings EMC down to 84 (oddly the low from 1/13), a 50% down to 76.
Goldman Sachs conference doesn't look to be helping tech, at least not yet. Could it be that there is nothing new to say since the Morgan Stanley Con. and all the best news is already priced into tech for now?

Cheers,
D