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Technology Stocks : Dell Technologies Inc.

DELL 117.44

-1.6%

3:59 PM EST

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To: Joseph Francis Torti who wrote (68508)	10/1/1998 8:56:00 AM
From: divvie	Read Replies (1) of 176387

You sounded so confident before! Stick to your convictions otherwise you may not be suited to this game. If you own the stock, keep it. It will be worth much more in a couple of months. You should only keep tight tabs on it if you are shorting or buying short term options. Selling the Oct 70 calls looks safer, but why not buy some Oct 65s when DELL dips down this morning, and put in a limit sell for when it goes up? At the same put in a limit buy on the Oct 65 puts for that uptick if you really believe it will hit 60. Buying into a bearish position on the open is a bit risky today as the gap down is already 2 points so a cheap Call looks better IMO. If DELL does go up, even a dollar, you can sell at a profit especially if you have a reasonable sell limit. Also Greenspan is talking at 10am and he may slip in a favorable comment.

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