Dell's Daytraders Decision Site Message Board

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Technology Stocks : Dell's Daytraders Decision Site

DELL 149.13

-2.1%

Nov 6 3:59 PM EST

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To: Greg Butcher who wrote (811)	9/5/1997 8:04:00 AM
From: Larry	of 1124

Greg, >>would DEC 100 calls be nuts or not<< Good question. Right now I'm as confused as the experts about which way the market is headed. I still think there is more correcting to come and DELL does not seem to want to break out of it's 87+ high as long as the market is in correcting mode. DELL has been range bound here since July 25, where as I recall, we were celebrating away and the bottom fell out right in the middle of our party. As a matter of fact if you multiply yesterday's close by two you get 173 3/8. Isn't that just about exactly where things fell apart back on that fateful day? I think we have 2 to 3 more weeks of this up and down trading for the market and DELL as well. But DEC 100 calls? The more I think about, it the more it is beginning to sound like a good idea.

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