Dell Technologies Inc. Message Board

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Technology Stocks : Dell Technologies Inc.

DELL 133.57

+2.4%

12:37 PM EST

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To: DoggieDude who wrote (54940)	7/29/1998 2:07:00 AM
From: SouthFloridaGuy	Read Replies (1) of 176387

I work for a big pension fund...actually the biggest one in the world. I have to agree...do you guys realize how much cash these guys have on the sidelines? It's just plain absurd. I know it's sad for the value investors out there, but this truly is a liquidity driven market. All I see everyday is purchases, purchases, purchases, particuarly in the big caps. Honestly, I think DELL experienced its correction when it fell from 98 to 78, testing its 50 day MA. The next correction will probably come after earnings -- it could be about 20%...but not until then. Even as the Nasdaq crashed, DELL was fighting to stay unchanged. The stock has a lot of pent up frustration...I see rage.

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