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Technology Stocks : Dell Technologies Inc.

DELL 119.32

-0.9%

3:30 PM EST

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To: Sig who wrote (69356)	10/5/1998 8:40:00 PM
From: Venkie	Read Replies (7) of 176387

I dont like this crap..Csco made me really cautious...I think I may short of the big techs tomorrow ..I have a feeling a lot of folks <more> will start bailing out of technology ..I am actually getting very bearish but that may be a bullish sign..I have been through this before and my wishful thinking only cost tens of thousands of dollars.. I am going to spend some quite time with my Higher Power and get my finger out of my bootie..I was day-trading Dell today and it slipped right out from under me...I started thinking what if we had an 18 dollar down day again....I haven't been nervous for a while but I almost sold my day-trade shs for a 2 1/2 pt loss..I held and it went to 60 ..It took me a few minutes to push the button and and I got out out 59 1/16..Then 57 and change happened at the speed of lite..I consider myself a fairly good day-trader but that was freaky...I have been in many a volatile situations but this felt strange and I wanted out...I think a good rule of thumb should be every time my investments hit an all time high then I should short it .....I bought a big chunk of Csco Friday and sold all but a couple of shs...Thank God...What I hate is when folks say .."hey it will come back"...The trick is to buy low and sell high..To hell with the taxman..He will get his one day anyway..I am only long on Dell and no margin...YET...I had too ramble to all of you because you are the only ones who know how I feel... Wouded Dell Head Ps..That must be a bullish sign<gg>

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