DELL CLIMAX SITE Message Board

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Technology Stocks : DELL CLIMAX SITE

DELL 154.60

-3.5%

3:59 PM EST

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To: Candle stick who wrote (79)	7/29/1997 10:44:00 AM
From: dougjn	of 158

Look, I don't have a clue as to what Dell will do today or tomorrow. All this chart read stuff strikes me as reading chicken entrails... (I guess I do figure I can look at an intraday chart and save myself something very near term on the buy or sell decision, ie, if going down, let it keep going down and start up gain before buying; the reverse if selling.) But I have no belief that that sort of Charting works more than intra day. Ooodles of Academic studies say the same thing.... Got to go with what I know. Which tells me that Dell is reasonably valued (not under any longer, but not overvalued either) short term; and a very attractive long term holding. So I'm a holder. Wouldn't mind a bit if you can get the stock down strongly from here. Then I'll KNOW its a short term as well as longer term buy, and simply load up with some more.

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