RE: have you ever bought any DELL?
Yes,
I was long from 91 to 113, then short from 110 to 104,
Long from 106 to 109,
short @ 104, box @ 114, Unbox @ 118,
Net short now,
And net pluss 9 points from the beginning of my long position.
And yes, On DELL I have a loss Net Net.
All the other big MoMo stocks are fading, DELL will probably race higher and faster as more of the MoMO stocks fade. LU is an expamle of one that has faded, however, CSCO is still in there, but it is hardely as exciting as it used to be.
The internets failed today at crutial levels, so there may be some more MoMo money to flee to DELL.
DELL most likely won't go down until the market starts down. Then once it has broken, you will hear about all kinds of mistakes that Mgt. made. Until then, Mgt can do no wrong.
Good trading
jim |
