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: t36 who wrote (814)	9/7/1997 8:25:00 PM
From: Larry	of 1124

sue, I think it will be a while before we see 95. Every time DELL wants to break out if its high, the market seems to drag it back down. Kind of like a bird flying around with a big lead weight tied to it. Right now DELL looks a little overbought, with a possible downtrend for the near future. If the market cooperates, all the news is good, companies in the tech sector report good earnings, we could see DELL closing consistantly over 95 around the middle of October. But what if Mr AG decides we need higher interest rates on Sept 30? biz.yahoo.com If we get more dissapointing earnings warnings and reports from other companies, bad news, more labor strikes, etc. 95 could be a long way off. Sorry to be so vague, but my crystal ball doesn't see too far off into the future. (I got the cheap model - the one with the future attatchment was more expensive) Good Luck, Larry

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