what is your position on EMC, do you think I will break trough its current $12 resistance level before 2008 en
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what is your position on EMC, do you think It will break trough its current $12 resistance level before 2008 ends
Answers
170 points
StockGangster answered one year ago …
Possibly, but I think we're seeing a longer term downtrend taking shape. Tried to break through multiple resistance levels 3 times and then support failed each time. The enterprise tech sector is looking weak for the next 12 - 18 months. I'd look elsewhere for profits.
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3963 points
MNSL answered one year ago …
As Stockganster said tech sector will be very weak for the next 18 months. This is the time to invest in next rotating sectors with promising outlook for the next 18 months and next decade.
We will see slower growth for many tech companies for the next 03 years to 05 years. Some will burst who pretending to be something next:
Invest in bullish sectors for the next 02 years. Next 06 weeks will give you some great opportunities.
