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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Moominoid who wrote (67877)8/21/2005 1:29:29 PM
From: Shack  Read Replies (1) of 74559
 
you see DELL was one where I said the chart is really bearish and people (like Shack) said "are you crazy it is way bullish"...

That's not really fair david, rather selective analysis of our discussion. I remember when we talked about DELL in early July you were looking down while I said it looked incomplete to the upside and did not look bearish at all. I stand by that, it did not. And actually it rallied $3, a decent move for that stock, right after our discussion up to $42 before the recent collapse. An awful long way against any sort of reasonable stop-loss for shorts.

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