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Technology Stocks : Dell Technologies Inc.
DELL 138.940.0%Dec 5 3:59 PM EST

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To: ViperChick Secret Agent 006.9 who wrote (73823)10/22/1998 12:14:00 PM
From: jim kelley  Read Replies (1) of 176387
 
Lisa,

The PF chart I have shows the same short term pattern that DELL had just before the August runup. It is not unusual for DELL to show weakness before a large runup.

My box size is 1.5 and I am using 3 for reversal.

I would conclude that DELL is poised for a big runup over 60.
Currently, the bond market is still showing some volatility so when that subsides, I think the market will be in a position to support a DELL runup.

The market seems to be consolidating at dow 8500 currently. This is a normal and healthy thing for the market to be doing after a 6 day runup.
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