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Technology Stocks : Dell Technologies Inc.
DELL 128.43+0.6%Dec 24 12:59 PM EST

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To: Senator949 who wrote (49506)7/3/1998 12:18:00 AM
From: jbn3  Read Replies (1) of 176387
 
re "Shorting DELL"

Robin, (Obligatory Disclaimer: I am not a chartist, not a CandleStick Reader, and have never even owned an ouija board)

That said, I would NEVER advise anyone who is in a learning phase to start off by shorting DELL. At least one very experienced and knowledgeable investor who used to post here has lost millions shorting DELL if his posts about his position can be believed and he has not yet covered. One of my brokers tells me that he knows of at least one trading house which went under, among other reasons because they shorted DELL.

My advice is then... if you consider TA to be a valid instrument in your investment arsenal, then WAIT until your charts show it is time to buy DELL and do it. I most strongly recommend against shorting DELL at this time.

DELLish, 3
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