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Technology Stocks : Dell Technologies Inc.
DELL 133.78-0.1%Nov 14 9:30 AM EST

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To: Mohan Marette who wrote (24621)12/10/1997 11:55:00 AM
From: McNabb Brothers  Read Replies (3) of 176387
 
Mohan,

It sure is funny that when DELL is going up all the longs can make all the noise they want, and us bears usually keep quite! Let the bears have there day in the sun, for you will have yours again on bounces!

Here is some TA view point! As DELL was going up the past few days the volume was very low like there was no one selling and what buyers there were was pushing the stock higher due to lack of sellers! Now today we have been open for about 2 1/2 hours and DELL has traded more than 6.6 million shares which is heavier than this same time the last few days as DELL was going up! Tells me their is not much strenght in DELL or any other high tech stock! Very happy I'm short, the only thing that I'm not too happy about is it looks like I will not get to short anymore at the $90 or $95 level where my naked calls are sold on!

steve, my naked calls are working again, hope I can write a book someday! To tell you the truth I would not spend the time to write the book if I do continue to make money the way I've been trading the past 6 years!

Hank
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