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Technology Stocks : DELL Bear Thread

DELL 140.77

+1.4%

Nov 12 3:59 PM EST

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To: lin luo who wrote (1503)	8/15/1998 8:53:00 PM
From: Stephen M. DeMoss	Read Replies (1) of 2578

Lin, If 'everything is in the charts', what do you make of the near term chart of both the market and Dell? All week Dell had lower highs and lower lows. The market also has had lower highs and lower lows, selling into each rally. THE TREND IS DOWN. I am a bull and tend to be happiest when I am long. However, I am sleeping much better right now being short. So much is pointing towards a real correction in blue chips, it seems unwise to act like the only route for Dell is up. Steve D.

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