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Technology Stocks : Dell Technologies Inc.
DELL 127.72+1.5%10:49 AM EST

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To: jim kelley who wrote (22139)11/19/1997 10:22:00 PM
From: McNabb Brothers  Read Replies (3) of 176387
 
jim,

First of all you sound upset! If you will take the time and look on the weekly chart you will see the 60 week moving avg. at about $60! Now look at a daily chart and you will see that DELL has turned into a down trend with the 10 day moving avg. crossing the 60 day moving avg.! So once a stock crosses into a down trend on the daily chart I will look at a weekly chart to see where support would be which on a 60 weekly avg. it is $60! I figure it will take a few days or weeks to go down and by that time the 60 week moving avg. should rise to between $60 and $64 where my target is to cover my short! If you are not into TA skip my post and do not bash me for my view points! I'm really sorry that you feel as you do, if you want me to I will not answer you again, just let me know!

Hank
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