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Strategies & Market Trends : The Stock Market Bubble

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To: Roger A. Babb who wrote (638)6/15/1998 3:47:00 PM
From: Terry Whitman  Read Replies (2) of 3339
 
Looks like your DELL short is doing well. How did you arrive at DELL as a good short?

Compared to AOL or AMZN, DELL seems fundamentally superior by a mile. I was looking to short AOL as it was dropping, but it bounced off the 50 day MA like a rubber ball. Do you expect Dell to do the same? The chart, and RS look very similar.

And take a look at AMZN chart. Looks like a terminal vertical "bubble" move over the last week. I know it's going to burst, just can't tell how much larger the bubble will get. Any suggestions on figuring that part out?
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