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Technology Stocks : MEMC INT'L. (WFR -NYSE) The Sleeping Giant? -- Ignore unavailable to you. Want to Upgrade?


To: Scotsman who wrote (4193)2/10/1999 11:41:00 PM
From: Zeev Hed  Respond to of 4697
 
Scotsman, right now I am positioning myself for a short term trade again above $10, I think that until we get what I believe is going to be a spring relapse in the high techs (particularly the SOX, which today gave us a warning shot by temporarily dropping under its support at about 373.5), WFR will still waver and $8 could be breached for a good slam back to just under $6. So, unless you plan to be nimble, be forewarned that this is a possibility IMHO.

Zeev