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Strategies & Market Trends : Waiting for the big Kahuna

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To: Bull RidaH who wrote (25032)8/24/1998 1:32:00 AM
From: Moominoid  Read Replies (1) of 94695
 
Dell chart. IT IS THE ULTIMATE SHORT!!

You certainly made me happy! It's good to hear when several methods come to the same conclusion.

I am short at an average of $107 and change and taking a lot of abuse on the DELL thread. I use my own TA methods and FA. I didn't establish the position because of any feelings about weakness of DELL but because it does seem overinflated and has a big beta - it's part of my crash strategy. I would say 75 is pretty reasonable using my methods if it crashes.
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