Stock Attack -- A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Kenneth R Miller who wrote (9028)	5/29/1998 1:28:00 AM
From: Jack T. Pearson	of 42787

Sometimes DELL defies gravity. But I don't think now is such a time. I think it is too soon for DELL to run up again in any sustained way. Based on past performance, I believe DELL will probably hold in the 80's for another month before moving higher. But very good or very bad news could move it. IMHO, the downside risk from bad news (interest rates, negative economic news, negative sales or earnings news from other companies, etc.) is currently greater than the upside potential. As the market drifts lower, it will be interesting to see if the trading programs kick in as they did on Wednesday. If they do, I suspect it will be at a lower level.

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