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Non-Tech : Doc Stone's Bierstube und Trading Room
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To: wolfdog2 who wrote (398)9/14/1998 10:25:00 AM
From: M. Frank Greiffenstein  Read Replies (1) of 638
 
A deal!

LOL, what a kick in the ass. But I should have known better than to try to short Dell. I closed out most of my puts this morning except for Jan55s. Dell chart just too powerful, FA too powerful, too many managers interested in year end window dressing. Let's talk again after Sep 30th.

I insist however that GTW is a goner. Look at their chart, resting on 200 DMA. Price got there on increasing volume, so sell pressure still there. And AMAT isn't going to witness an upturn in the capital spending cycle anytime soon.

So, what exactly are your longs at the moment <g>. I chekced out InsiderTrader. 3 directors bought 10K shares at avg. price of 8.38. I like to see the "hands on" people do the buying, but I ain't complaining.
DocStone
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