K, looks like Dell had no problem at all breaking that 21.61 low today. Market has no traction to the upside, I have not even traded for the past week or so, too scared to short at this point, and too scared to go long yet <ggg>. The drops in major tech have been breathtaking, all the best ones have just gotten crushed. EMC was pushing 26 not long ago, now 16, VMW crushed, CSCO hammered, Dell smashed, and so on. At some point I'm hoping to catch a nice tradeable snapback rally, but it's not the time for 'buy and hold'...
Regards, John |