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Technology Stocks : DELL Thread For BULLS and BEARS!
DELL 162.01+0.6%Oct 31 9:30 AM EDT

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To: CRICKET who wrote (134)11/12/1997 10:16:00 PM
From: McNabb Brothers  Read Replies (1) of 198
 
CRICKET,

I was really surprised at size of the fall in the markets today! Was expecting another down day, more like 75 to 90 points! I think today was a very serious break for the DOW and especially the OTC market! Hope we get another bounce in the morning for I will be selling more calls on a number of stocks! Dell may hit my $60 to $64 target much sooner than I expected! If it does I will be looking for a bounce to the $75 to $77 level, and then more than likely I will short the heck out of it again! Notice how this morning the market bounced then it fell off again! This is a sign that people are no longer buying the dips! Very bearish and looks like signs of a bear market! Like I said yesterday one needs to be selling the rallies!

Hank
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