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Technology Stocks : Dell Technologies Inc.
DELL 129.94-6.2%Dec 12 3:59 PM EST

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To: TRCM who wrote (141057)8/31/1999 10:08:00 AM
From: edamo  Read Replies (1) of 176387
 
trcm....re: "forecast"

my opinion only.....in may dell looked good as a 46-52 range trade, still believe so......near term may fill the gap as pure technicians always believe..if it does, i think we will range trade +/-10% from 44 as it has been for a while....didn't have enough strength to blow through 48 and hold...too many sellers, too much lower priced trading supply....if it fills the gap, good time to buy stock,ditm calls or sell puts. classic case of fundamentals being ignored...dell the company, not dell the stock...as i posted i've written jan55 calls...perhaps opportunity to buy back...distribution beginning, accumulation ending, money flowing out, overbought...
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