Perhaps, yesterday, we got a hint with Dell...
The Dell news could (have been) interpreted as positive or negative (depending on your spin). Dell finished down a dollar yesterday. Combined with a possible Csco down (big?) today, that would mean some crack (for sure) in the bull psychology, for, over that last month, everything has been bought: good, average, bad, ridiculously bad news....Could bad news starting meaning bad again?
If market recovers today (ends positive), I reckon, we are still strongly bullish (with momentum), and any possible indication from Dell is totally negated... |
