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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: Chris who wrote (9164)5/31/1998 2:29:00 PM
From: Electric  Read Replies (2) of 42787
 
Chris,

That is what has happened in the past few years, the only problem is that split adjusted, the chart looks flat-slanted upwards, and it is tough to see the actual movement.

And from the time that I have been watching them, the time is usually a month, no more.. but this time the downturn is more drastic in point numbers..

Like I mentioned in last weeks post.. if DELL wanders from here even if it is a bit down, that is ok.. But the falling knife thing, like TXN of last fall is my concern, and could happen. Forming the bottom sometime soon is important. Also, there is no FA to support this drop.. this to me is more of a sector correction, and less of a FA correction.
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