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Technology Stocks : Dell Technologies Inc.

DELL 133.78

-0.1%

Nov 14 9:30 AM EST

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To: OLDTRADER who wrote (170674)	8/21/2002 1:31:25 AM
From: Herschel Rubin	Read Replies (1) of 176387

Check out DELL's "shorter's paradise" chart again: stockcharts.com[w,a]daol... Perched as high above its 50-day Exponential Moving Average, DELL is ready to gravitate back down to its EMA just as it has every single time in the chart! As is the case historically when DELL gets to this over-extended level, a 10-20% retracement occurs, which would bring DELL down to $25.00 or $22.50 from $28.00. Also note DELL is stochastically way overbought and today it turned down--a pivotal inflection point for short. Added to the overbought DELL stock, DELL's new costly, low-margin foray into indirect sales channels will no doubt trigger several analyst downgrades in the next few days. OLDTRADER, since you liked this post so much the first time, I thought I'd update & repost it again for you. Why don't you respond to the content of this post rather than your presumed view of my identity, which is incorrect anyway?

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