Dell's Daytraders Decision Site Message Board

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Technology Stocks : Dell's Daytraders Decision Site

DELL 117.19

+3.5%

Jan 22 3:59 PM EST

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To: Thomas C. Hyneman, III who wrote (20)	6/22/1997 3:30:00 PM
From: Craig Schilling	of 1124

TH Ten day stocastic is oversold and you caught it right at the top on Friday so you should do all right. The stock couldn't get through 120.75 so I would suspect it will retreat a bit more with the double top. Monday mornings usually involve a lot of buying so don't be surprised to see it open higher. If it punches through 120.75 cover your position. Support looks to be 118 so I would watch it carefully there and if buying comes in right away cover your position and go long or wait to see where it settles out. Craig

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