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Technology Stocks : Dell Technologies Inc.
DELL 133.35+0.1%Nov 28 9:30 AM EST
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To: Boplicity who wrote (37187)4/8/1998 6:01:00 PM
From: Chuzzlewit  Read Replies (2) of 176387
 
Those shorts are all the usual suspects! And it doesn't matter what stock they look at, their reasons always fall into one of two camps:

1. The stock is overvalued.

2. The technicals are negative.

And the thing that absolutely kills me is that they will not learn from their mistakes! Nobody knows how to properly value a growth stock, and TA is the astrology of the stock market. IMHO only short a stock when you believe you see a dangerous trend developing the fundamentals, and even then think three times about it. I was mightily tempted by CPQ, and SEG but didn't do it because as sure as I was about the emerging problems I felt I was playing with fire.

Regards,

Paul

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