Good morning Puff Daddy:
<<< I work for a big pension fund.>>>
Got a good job with Uncle Sam??(g))No I guess not, SS doesn't have any money, just income..
Do you guys realize how much cash these guys have on the
sidelines?>>>>
No,but I count on it night and day while investing, and the most
productive place is in equities while bonds and bank savings are paying less than 6%
<<< 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, particularly in the big caps. >>>
Whenever the market shakes, there seems to be a flight to quality -stocks with great earnings or great potential and Dell is now one of those, thank goodness.
<<< Honestly, I think DELL experienced its correction when it fell from 98 to 78, testing>>>>
Each time Dell moves up significantly, a new absolute forever minimum is established. In this case in vicinity of $100 if disregarding a true market crash. Even the recent 400+ point drop could not take it down.
Dell is a bears nemesis where only the nimble or lucky survive.
<<<< The next correction will probably come after earnings -- it could be about 20%...but not until then.>>>
And by then 99.95% of Dell holders will still be in the green.(up)
<<<<Even as the Nasdaq crashed, DELL was fighting to stay unchanged. The stock has a lot of pent up frustration..
<<<<.I see rage.>>>>
If you want to see REAL rage, read some of Candlesticks posts back around Post 11024(G)
Regards
Sig
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