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Technology Stocks : DELL Bear Thread

DELL 138.80

-2.7%

Nov 11 3:59 PM EST

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To: Moominoid who wrote (2249)	11/3/1998 11:11:00 PM
From: Marq Spencer	Read Replies (4) of 2578

David, Things look really ugly for Dell. Check out the following: iqc.com Notice that this is first time Dell has not been able to punch through the previous high. Also, the volume has been drying up on the run-up. The tremendously high volumes on the two previous valleys are also noticeable. I think that we're going to see a low of $36 in the next few weeks (which is 45+% off from yesterday's high). And if that fails, Dell has a really serious problem. - Brian.

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