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Strategies & Market Trends : Point and Figure Charting

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To: Jerry Olson who wrote (8946)10/25/1998 1:33:00 PM
From: Judy  Read Replies (2) of 34809
 
Yes, DELL should run into earnings unless some unexpected news comes out. PC sales data comes out Monday and I'd expect DELL would have again taken market share from IBM and HWP. The other boxmakers did well for 3Q, but the expectations for DELL are much higher so we'll see.

Skimmed the posts on the thread this am and saw Jan posted that RS turned negative for DELL recently ... but read that in perspective with the market. Just as one should not be impressed with the fact that INTC's RS was positive in a bearish market a couple of weeks ago, one should not be overly worried that DELL's RS turned negative in a bullish market as the buying spread out into the secondary issues. RS ... key is the word "relative".
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