Dragonboy,
<< How do I identify your bulls, so I will not shoot at them on Aug. 18th, >>
These bulls are starting to get a little tired, running up such a steep hill. Pretty soon they'll drop from exhaustion and when they do I'll jump on a few bears and ride them back downhill. Then we'll make the printing press print bills upside down! Ride bulls up, ride bears back down -- you should try it, It's fun!
No one knows where the top of this wave will be. The only thing I can say is that we'll see it when it happens. It could happen as early as Tuesday of next week (that's what happened the last time DELL split), it may wait until Aug 19 (Dell earnings announced + Mr. AG talks again) or it could be later. Not much math involved there - I already threw out the stochastics, Bollinger, Volume, Candle Sticks, moving average, etc. They all said DELL was gonna crash some time ago. Like Jon said, DELL is trading in its own world now.
Polished up the DELL crystal ball. For today's range I see:
158 5/8 to 162 3/4, close at 162 7/16
Just be ready to hit the trigger when the time comes.
Good Luck,
Larry
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