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Technology Stocks : Dell Technologies Inc.
DELL 117.16-1.7%Feb 3 3:59 PM EST

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To: SecularBull who wrote (56326)8/5/1998 3:05:00 PM
From: larry  Read Replies (1) of 176388
 
LongonBull,

Gosh, DELL is my only major holding right now...It's hard to say that we have found a bottom...I think that Cramer is right in saying that the bottom is formed when we see panic selling selling instead of accumulating! It seems that not a whole lot of people are panicking, which is actually bad news for the bull market.

One thing that I really like is that the SI bull:bear ratio has dropped to 1.02 in the last 24 hours! That's really great news. Now we need more bearish talks from the likes of Barton Biggs, we need more talks from likes of RA claiming DOW 10 k in one day and 7 k the following day...I mean, we really need to shake off all the weak hands to make a rally.

Also judging from my young experience, everytime when we feel that it's becoming a torture of being a bull, the market will rally furiously. I really believe that a rally is on the horizon. Still believe that DELL will reach 150 sometime this year and DOW will touch 9300 again down the road.

enjoy,
larry!
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