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Technology Stocks : DELL Bear Thread

DELL 127.22

+3.8%

Nov 24 3:59 PM EST

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To: fred woodall who wrote (1072)	6/27/1998 7:33:00 PM
From: JRI	Read Replies (1) of 2578

On June 18, you wrote: << TA suggest INDU (DOW)/NDX (NASDAQ) are close to a top. Should I be wrong my YHOO/ORCL/DELL short positions might have me flipping burgers at the double arches. HWP (Gruntal) upgrade today might suggest a bottom in the sector. I see no attraction to the stock and consider the rating another example of institutional manipulation. Newswire has been positive for DELL this week. The recent decline from yesterday's 87.5 high and lg. Blks. trading at the bid strongly suggest a visit back to the 70's once again testing 50 Day MA. 6 micro-TA charts on DELL: Not one suggest a buy. Dollar/Yen: I see no ink drying on Japanese paper.>> Fred, you may want to reconsider basing your investment decisions on the TA that you frequently quote....

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