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Non-Tech : Invest / LTD
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To: wlheatmoon who wrote (2194)8/27/1998 1:52:00 PM
From: waverider  Read Replies (2) of 14427
 
STAY AWAY FROM DELL until there is a downtrend. Period.

Everyone is too happy about this drop. I covered most of my shorts now and sold my puts for some nifty profits (including my re-entry into CCI puts...it was difficult, but I'm sticking to my 15% loss rule).

Thanks LT and Thean.

Looks like the market wants to go back over 1065 (S&P)...the close should be interesting.

I know I am playing with fire here, but my God, on the SD thread they are talking about mortgaging their homes, doing equity loans and buying on margin with this dip. I don't have any idea what is going to stop that madness. Well, I do, but I'd rather not think about it.

<H>
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