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


To: Ibexx who wrote (5464)4/15/1999 1:45:00 PM
From: Daflye  Read Replies (2) | Respond to of 17183
 
50dma seems to be holding at 112ish. Historically good support, except for Oct98, when it broke thru to the 200dma. 200dma is around 78ish now. Not likely, unless the BK rolls in.

Next support levels should be 98-100. If 110 is breached big.

Might trade 11mil shares today, I'd be amazed if there were many sellers left after that.

Cheers,
D



To: Ibexx who wrote (5464)4/15/1999 1:57:00 PM
From: stock bull  Read Replies (2) | Respond to of 17183
 
Ibexx, I was glad to see that Emc released the story. However, I doubt that the sell-off will stop...I must believe that the institutions selling already know what's going on. JMO

Stock Bull