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Technology Stocks : Dell Technologies Inc.
DELL 133.35+0.1%Nov 28 9:30 AM EST
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To: freeus who wrote (65972)9/17/1998 4:50:00 PM
From: larry  Read Replies (2) of 176387
 
Freeus,

You will get your DELL 55 order filled within the next 2-3 sessions. When the DOW retests the recent lows, DELL should also test 50-53. If the DOW penetrates 7400, then I will be turning really bearish because that will indicate another 600 point drop in the DOW.

Let's make a guess. If DOW were down to 6800, where would DELL be standing? That's a very scary thought.

I closed most of my LU position today with a little loss. I have all my DELL shares written Sept. 55 calls and think that they will be called out after tomorrow. Next Monday should be very interesting. It certainly has the chance of becoming another black Monday.

good luck,
larry!
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