Chris,
From the time that you and I started watching DELL, not much has changed, and that is what we wanted..
I wanted a nice smooth basing until about beginning of July.. any sooner and the upward movment to come might be limited..
Also we have been lucky so far about CPQ and HWP, IBM not warning or cutting.. If that happens, DELL will suffer as they have the last 2 earnings seasons.
I like this pattern, we both have made money on DELL, and lets do it again, if you see patterns to short/put tell away, I think the way that DELL trades, even this clsoe to expiry there is money to be made in Junes..
I am patient, and this time no selling.. even though my 95's look like shit today, I am confident they will be profitable by July.. In fact I tried to add to them, wish I had made it. missed by 1/16, today that is a double.. |
