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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Lee Lichterman III who wrote (14062)	8/6/1998 1:11:00 AM
From: Electric	Read Replies (1) of 42787

Good points.... Often times DELL does just that.. runs on forever on very high RSI/momentum/Stoch numbers... I pulled that chart up though, and there were so many indicators aligned. I had never seen a DELL in an oversold/buy senario.. Again, not saying a run up tomorrow is guaranteed, but I wouldnt doubt a short term run. Keep in mind that earnings are very close. plus look at the chart I chose.. it was a very short term chart, not a 200 day or even a 60 day, it is more like a 5 day.... To me that is important as well. It is easier to hide underriding technicals in a longer period chart. Also look at how DELL usually responds to positive technicals.. I dont mean a slight increase in the Stoch's, it is a turn up, not a slide if that makes sense.. It seems to be more distinct... Futures trading all over, but looking firm, and PREM ended up again...

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