Eric, I will be long gone by then, but not long Dell just yet. There will be a wave of analyst downgrades tomorrow, will be interesting to see if Dell is make the grade or not. Of course, if the bloodbath happens then the big boys will come out after the damage is done, of course. If Dell really does tank tomorrow I would say today's trading was very, very suspicious. Easy to think bullish and say Dell is God and it should go up 8 points when all of the high tech is getting hit, but it also wouldn't surprise me that somebody knew what was going on with INTEL and somehow the "big" "boys" found a way to drive Dell up today so they could short it on the close at 139. I'm not saying this happened because I don't have any facts and it is just a hunch, but let's say that Dell does tank tomorrow and maybe closes below 100, then you would all have to agree that today's trading was very strange. At this ppoint so far, I was at least "lucky" enough to get back into my short at 136. Sometimes better to be lucky than smart.
I'm not here to play father, but if this thing does get ugly tomorrow and the "Real" crash happens, don't jeopardize your children and family on some stupid stock, that kind of talk makes safe 5% CD's sound kind of nice and warm doesn't it. I should know because I have been to the edge and back, and I mean it. |
