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Strategies & Market Trends : Tech Stock Options

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To: donald sew who wrote (56250)	10/24/1998 11:54:00 PM
From: Jorj X Mckie	Read Replies (2) of 58727

Donald, Saw Lisa's response. So that you don't have to dig.... RS reversed to negative, which is a bad thing. DELL is still above bearish support line, a good thing. And if DELL can break the double top by going to $60, it will complete a nice series of higher highs and higher lows, a good thing (however double top resistance appears to be holding and first support level is at $53. Basically, it means that the chart doesn't look horrible, but that DELL looks to be underperforming the market in the near future. Tom

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