Dell's Daytraders Decision Site Message Board

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Technology Stocks : Dell's Daytraders Decision Site

DELL 120.49

+0.7%

Jan 16 3:59 PM EST

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To: Candle stick who wrote (171)	7/12/1997 7:29:00 AM
From: dunlurkin	of 1124

It's easier to pick up pennies from behind the bulldozer than to try to grab a few by stepping in front of it. Daytrading a strongly trending stock in the direction of the trend is fairly easy, and can be done on a 100% technical basis- fundamentals are kind of fun to look at but you don't really need them and IMO are better off ignoring them. (pe's that are too high always seem to go higher.) I work for a direct pc seller.(email me direct for a quote.) We expect the Intel price cuts to increase volume and help our profit margin. I'm sure Dell expects the same. It looks like the market also expects the same. The market knows best. It's smarter than all of us combined and it will tell you when it's ready to go the other way. Good trading to all. (Sure wish I'd stayed home yesterday instead of gone to the office!)

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