Dell Technologies Inc. Message Board

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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: techtfh who wrote (162074)	10/12/2000 2:19:29 PM
From: edamo	Read Replies (1) of 176387

techth...."averaging down" about a week ago i posted "better to buy at 35 on the way up then 25 on the way down" got a quick response of "why give up an easy 40% gain from 25 to 35....hedge by writing calls" guess not so "easy", the short term buy/write would have not been a sufficient hedge... best to be prudent.....dell setting new lows almost every day......and will move down with any bad market/global/specific news! has no "real" support....16 to 20 range possible....only "support" is if some great news comes out to create a instant euphoria.....left on its own devices it's a bit weighted down....too much low cost basis stock, finally taking profits...

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