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Technology Stocks : Dell Technologies Inc.

DELL 133.35

+0.1%

Nov 28 9:30 AM EST

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To: Gabriel008 who wrote (156556)	4/25/2000 1:39:00 PM
From: JRI	Read Replies (2) of 176387

Ralph Bloch of Raymond James...who called the recent correction...said this morning that we have doubled bottomed...yesterday, we came close enough to the 3321 first-bottom...it happened on low volume, and negative sentiment (both good....the low volume, meaning sellers all dried up).......the rally (yesterday afternoon) was on good enough breath...that Ralph says that was it....he is looking for a choppy rally over the next couple months.. (My comment) From today's action, its clear that margin selling pressure has eased....if it were still severe, we would be struggling today..also, tax selling out of the way..that was 2 of the 3 legs of the recent downturn...(or the severity thereof) Now, Ralph called the double-bottom today AFTER reading my post (around 4:30 PM yesterday) of the potential double-bottom in place <G>....Good inflation data on Thursday can set us off/up again....We'll see...

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