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Technology Stocks : Dell Technologies Inc.
DELL 129.98-6.2%Dec 12 9:30 AM EST

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To: Alohal who wrote (144621)10/14/1999 10:51:00 PM
From: Sam Bose  Read Replies (2) of 176387
 
Aloha, I have to respectfully disagree. We rallied into the close of trading today. The PPI fear was present throughout the day but was not too terribly damaging. The futures started tanking very soon after CNBC showed part of Greenspan's speech live (any correlation, I don't know).

Remember though that GLOBEX trading is fairly light, and can be manipulated just as after-hours stock trading can, since there are fewer players. Could be some opportunistic futures traders trying to induce a selling panic going into options expiration tomorrow....who knows? They try to sell at any price, and there aren't enough bidders, hence the tanking. The PPI numbers will either turn things around in the morning (I hope!) or we'll continue to sink and it will be a terrible day for the bulls like me, albeit short term.

Best Wishes,

Sam
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