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EMC Corporation Message Board

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  • SSFE1 SSFE1 Nov 21, 2000 3:37 PM Flag

    Hey Hank................

    go but up.

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    • at Morgan who says that their analyst feels
      confidently that there is strong support at this level (2800)
      that will likely not be pierced in the short term
      (couple of months). There is no up catalyst and he states
      that gains will be minimal until after April 2001 when
      them market looks good. As the volume dries up the
      selling also is drying up. Remember when the volume dried
      up in August - it was followed by the end of the
      rally. This is the opposite. He told me selling now is
      selling the bottom. I am not buying just yet but I am
      thinking about QQQ as a long term play from what might be
      a long time bottom.

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