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Technology Stocks : Dell's Daytraders Decision Site
DELL 127.80+1.5%Jan 2 9:30 AM EST

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To: Larry who wrote (359)7/24/1997 4:19:00 PM
From: Albert Youssef   of 1124
 
You better believe I was watching! Breathtaking! It dropped fast from 168 and change to 166, held 166, and then leaped to close at 170 (touching 170 3/8). Unbelievable stock! I'm also playing CPQ, looks like the same situation as DELL - a lot of demand for the shares, split on Monday, killing the smaller PC makers.... also, less of a run-up than DELL.

I expected a big spike at the close today, and I expect another one tomorrow AM. I'll be looking to take some profits sometime tomorrow, and letting some of my stuff ride into Monday. But I'll be totally out early next week at the latest; my greed only goes so far! Also, I'm wary of the momentum shifting, as I do think the stock is quite overbought for the time being. I don't know if poor DragonBoy will ever recognize the bears he left at milepost 138, though!

In the mean time, GOOD LUCK!!!

- Al
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