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


To: James who wrote (5779)4/20/1999 10:35:00 AM
From: Boplicity  Read Replies (2) | Respond to of 17183
 
You all shocked yet? I have buy order low 80s I bet I get it filled. I'm glad I sold yesterday, in fact I sold a lot of stocks, reasoning is the BIG cap Dow stocks cannot continue upward with out the techs, or on there earnings. Also, these sell-off normally happen in pairs, we need a larger wash out to get rid of the speculation in the net stocks.

What you are seeing in EMC should be repeated in the stocks that report tonight, sell off on earnings, unless of course we get another day today like we got yesterday with double digits loses, then they will go up only to go back down in a few weeks or days. We need a trigger to change investor wide sentiment, I have no idea what it will be, but we will get one, then the market will turn.

Greg