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Technology Stocks : Dell Technologies Inc.
DELL 125.88-1.6%Dec 31 3:59 PM EST
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To: McNabb Brothers who wrote (21968)11/18/1997 1:37:00 PM
From: Paul van Wijk  Read Replies (1) of 176387
 
Hank & Hank,

You didn't answer the question. Do you only focus on the charts,
the numbers and the overall-market, or are you also try to
understand the fundamentals of the stocks you put your money in.

We both look from different angles to the market. From my point
of view you are making the wrong decisions the last few days.
Even the chance that Sadam will help you is decreasing.

Why are you still short on Dell, with a COMDEX and an earning-
release coming soon?
Why all these troubles to win a few bucks on the downside, while
it is so easy to make (much more) money on the upside with a simple
buy and hold-strategy?
Why taking such a gamble on shorting CTXS? (Although I consider
being long on CTXS as gambling too. Only my risk-reward ratio is
better).

I know there always is a chance that the unexpected will happen,
and you be right. Maybe Dell will post negative earnings next
week, and will announce taking a one-time charge. But you have
to agree that the odds are against you.

And you should also know that you are betting against the longterm
trend. So your time is limited. A long can always wait when things
go wrong, shortterm. You cannot do that. You have to be right
within a certain timeframe.

Paul
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