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Technology Stocks : Dell Technologies Inc.

DELL 125.97

-1.0%

Nov 25 3:59 PM EST

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To: freeus who wrote (20222)	11/1/1997 4:15:00 PM
From: Markus	Read Replies (1) of 176387

Margin Hi freeus I don't think DELL will go much lower below the support level at $75. On Tuesday the $75 support was pierced intraday, but DELL bounced like a rubber ball on that day and closed at $91 However, to protect from anymore downside and margin call in this volatile market, you can buy DELL NOV 75 Put contract right now. It is cheaper now, since DELL is above $80. I am sure this downdraft is only temporary. DELL International exposure is very negligible. This thing is like the Networking killing and bashing in April. CSCO at $40 and now look where CSCO is. With DELL the ride down can be pretty scary. It is not like some other stocks that just go with a slow long and painful death (my other stocks ESST, BOST look at the chart of these dogs). With DELL it is quick and ugly. But you have to keep calm and you will be rewarded. It happened to me before in April this year. I bought DELL at $75 pre-split only to watch it went down to $62.5 in just four days. I pannicked and sell. The rest is history. I bought DELL back at $129 pre-split. So have your put in place and relax. Good Luck Bye

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