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Technology Stocks : Dell Technologies Inc.
DELL 126.42+2.8%Dec 19 9:30 AM EST

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To: JRI who wrote (140045)8/20/1999 11:33:00 AM
From: TRCM  Read Replies (1) of 176387
 
Fed meeting, Option expiration, there are always ways to rationalize poor price action. It's safe to say the markets have already priced in 25 bps next week, and option games aren't a factor when the stock show's no signs of volatility. What concerns me is Dell under performing the general market...It feels as though the mentality still remains that upticks should be sold...until that changes, it will be difficult to push ahead to the levels we are all looking for. I would certainly suggest buying any dramatic post-FOMC pull backs, but I don't get the sense that a test of 50 is around the corner...at least not the way Dell trades at the moment...a break of 45 would be a nice start...
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