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

To: Gary who wrote (6595)	6/2/1999 1:07:00 PM
From: dennis michael patterson	Read Replies (1) \| Respond to of 17183

Gary, I am still waiting for my cycles guy to send me his views for this month. The 9-month cycle bottom comes at the end of June, so there will be nothing but counter-trend rallies until then. I will post when the cycle guy speaks. I think we need some certainty on rates before much happens. I've pulled most of my money off the table a while back. If EMC closes below 46 there is a good chance of it hitting 40. I would be all over it under 45. In terms of your analysis, how do you decide that the breach of one support implies reaching another (assuming I read your post correctly)? TIA