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Technology Stocks : Dell Technologies Inc.
DELL 138.98+4.0%3:59 PM EST

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To: divvie who wrote (76052)11/1/1998 3:24:00 PM
From: nihil  Read Replies (2) of 176387
 
RE: Kurlaq-Bearon's

If you are going to trade on newstories you have to both measure the impact of the content of the news and also the credibility of the medium. Analysts and journalists are notoriously incompetent at foretelling the future. A few years ago I told my MER broker that I was going to speculate in tech stocks until my money was all gone. He told me if that was my objective, he could help me. I told him I didn't want to pay $195 a trade to go broke. He offered me a concessions. He didn't come close to the e-brokers, so I have had to make my own choices (with the help of web research and SI). I usually try to sell as much Intel as I can spare when it approaches 90 (though I'm hanging long a little late now), and often beat Kurlack to the punch. I always buy as much as I can when it bottoms, although I was so busy selling Intel puts on Oct 9 that I didn't get much for several days. I'm quite serious when I say I appreciate Kurlak's contributions to my wealth. I would be much poorer if Intel didn't flip up and down like a trout in the bottom of the creel. I just hope I happen to have my hook in when it finally jumps out of the basket for a big run.
As for Dell, it doesn't really flip, except when giant world-wide crashes occur. There are reasons to believe Dell has many years of extraordinary growth and profits ahead. No one can talk the earnings down. It is a price leader. It has huge unexploited markets ahead as yet unpenetrated. It is on the path of commercial evolution and the future. I don't trade Dell, although if I smell a crash I may exit everything, and I certainly try to buy as much as I can when it bottoms.
The nice thing about both INTC and DELL is that you can see dangerous topping action (above its upper Bollinger band) and promising bottoming action and get in or out within a few points of the turning points. With Intel, you might have done better trading over the last two years, and with Dell you have probably done better holding.
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