Dell Technologies Inc. Message Board

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Technology Stocks : Dell Technologies Inc.

DELL 119.41

-2.7%

3:59 PM EST

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To: Eddie Kim who wrote (44947)	5/27/1998 12:49:00 PM
From: Chuzzlewit	Read Replies (3) of 176387

Eddie, I see this word all of the time: overbought. Precisely what does this mean? Does it mean that it is traded too much? Obviously, for every buyer there is a seller, so couldn't we just as easily say it is oversold? Perhaps it is an obscurantism designed to say that the price is too high. If so, how do you know the right price? Or perhaps it means that the price of the stock has risen too rapidly. If so, what is the proper rate of rise, and how do you recognize it. Just on the face of things, it seems to me that Dell has fallen for the past week. That means that at any given price over where we are now there were more buyers than sellers. So, in simplistic terms isn't it more accurate to say it is over-sellered? Ah, the mysterious argot of TA seems to permeate everything! TTFN, CTC PS, these questions are serious.

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