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Technology Stocks : Dell Technologies Inc.

DELL 126.42

+2.8%

Dec 19 9:30 AM EST

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To: Dennis who wrote (52046)	7/18/1998 12:40:00 AM
From: Jack T. Pearson	Read Replies (1) of 176387

Re: Buying at the open. I have observed a pattern in the first hour of trading DELL and many other tech stocks. Tech stocks are the only stocks I follow so I don't know if the pattern applies to all stocks. The pattern is this: The price moves a couple of points in one direction or another in the first half hour and then reverses. This pattern doesn't always occur, but it occurs frequently. I believe it is caused by an imbalance of buy and sell orders at the open that isn't sustained during the day. Of course lately the price starts up and keeps going without reversing. The bottom line: Don't know about the time of day, but today is better than tomorrow 3 times out of 4.

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