Hey, I don't wand Wade Cook to come after me because we provide (W.I.N.S.) for free for what he charges thousands of dollars. Now, notice I did not say his packaged stuff was not worth thousands of dollars. But, I am saying that our stuff is worth as much as his if you are willing to do SOME independent study on your own for the big discount! Actually, I'm trying to come up with a $29.95 W.I.N.S. CD- ROM. I'm researching the technical aspects like the Realaudio(tm) video streaming and audio feature of PowerPoint. It's alot of work!
DELL
Is the glass half empty or half full? Do you think there is more UP side potential or more DOWNside profit taking potential? According to the chart, DELL is just starting the downward price cycle off the recent 52-week high. Normal stuff! Although, the $99 lower price support will be the first test for DELL. Shorting or PUTs action is still in play and valid. MMs and big money is not going to risk losing profits this close to the end of the year when bonuses are determined for managers. If I had a gain, I would be protecting my beacon by selling or shorting against the box at the very least!
bigcharts.com
NASDAQ: (DELL : $118 3/4) $77,529 million Market Cap at August 28, 1998 Ranks 174th in the Fortune 500 on Revenue & 156th on Profit. Employs 10,350. Trades at a Premium PE Multiple of 57.6 X, vs. the 25.1 X average multiple at which the Computers SubIndustry is priced.
WLA
Off the recent 52-Week high, this last upward test is starting to peter out as indicated by the RSI which is about to fall below the 50 marker. In the stock market, "a rising tide, raises all ships." Meaning? The majority of stocks will rise as funds throw new money into the pot. Well, Herm's observations: In a falling corrective market, "a good flush of the $ toilet results in flushing out of the bowl. Are you just going to stand there and watch it $$$ spiral downward into that hole?" Now, I have watched my share of toilets to know what the final outcome is! :-) A WLA at $60 would not be a surprise from current levels. That's a nice drop for PUTs!
bigcharts.com
NYSE: (WLA : $74 1/2) $60,608 million Market Cap at August 28, 1998 Ranks 182nd in the Fortune 500 on Revenue & 104th on Profit. Employs 38,000. Trades at a 53% Premium PE Multiple of 51.4 X, vs. the 33.6 X average multiple at which the Drugs SubIndustry is priced.
READ THE SIGNS! Short interest, P/E value, BB and RSI charting technicals! |