Dell's Daytraders Decision Site Message Board

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Technology Stocks : Dell's Daytraders Decision Site

DELL 152.40

-1.5%

3:59 PM EST

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To: Larry who wrote (988)	11/16/1997 11:57:00 AM
From: Hawkmoon	Read Replies (1) of 1124

Larry, Looks like a bunch of folks like yourself can take credit for preventing DELL from breaking support and collapsing. We had a stop-loss in at $69 and I'm sure that many other folks did as well. If we had broken support DELL would be a $55-60 stock right now. The level of brinksmanship we saw last week was utterly amazing and somewhat smacking of conspiratorial overtones. Let the market test bottom support twice, and then rebound with a rush of new money coming back into the market to drive prices higher. Good thing that I'm not the "John Bircher" type. Regards, Ron

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