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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 680.44+0.6%Dec 19 4:00 PM EST

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To: Tom Pulley who wrote (83372)8/15/2002 11:58:23 PM
From: bobby beara  Read Replies (2) of 99985
 
Message 17884103

Dell rallied to the downtrendline from the beginning of the year, it has held up incredibly well considering the whole tech and computer business and their stocks have been dumping and making new lows,

and it's leadership should be taken seriously.

stockcharts.com

A lot of stuff rallied into gap resistance today, not just tech, but dell rallied into downtrend resistance and may have made a bull trap above, so farking what, dell and cisco have taken market share from weaker competitors during the bear market, the market is a shrinking violet.

it is hard to comprehend business conditions that would indicate that the dell big wedge chart breaking out to the upside,
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