Yeah, I think mid-April will be the next best time for buying options or stocks. Don't buy at the beginning of the month, though, because prices are usually up, but if the past is any indicator, they will decline again until the earnings start coming out. I think this will be especially true this year, because all these inventory gluts and earnings warnings are going to cause investors to wait and see what happens, and that causes prices to either move sideways or down.
If tomorrow is down, then expect all of next week to be down. The nadir may be reached next Friday, at options expiration. The tech news doesn't look auspicious, not even for Dell. You know how investors feel about uncertainty, especially with high p/e stocks like Dell. I'm not trying to be pessimistic here, but the picture right now doesn't look rosey. I know many here are trying to rationalize Dell's position but it's only speculation. I don't think you'll see any major upward movement until mid-April. IMHO, that would be the best time to buy unless really bad news starts coming out, and then even mid-April will have to be reconsidered. Anyway, I'll post some more then. We'll certainly know more by mid-April.
I've been enjoying your e-mail jokes. Where do you steal...I mean, get all of your material? :-)
I'm glad you all appreciate that password tip I posted a ways back. It does save a lot of time and headache.
I can see nowadays that there are many more posts than there have been in the past. There must be a lot more DellHeads!
Where's Rosebabe? |
