Hello Anil, I traded DELL successfully last week, I initially wanted to hold it and I may still buy back but it was just acting strange, doing nothing while the Nasdaq plowed ahead. At this point before earnings it will get some buying interest this week. Here's a piece of news from Hong Kong:
Sunday November 8, 9:43 pm Eastern Time (Note: this article is ''in progress''; there will likely be an update soon.) HK stocks fall sharply in morning on profit-taking HONG KONG, Nov 9 (Reuters) - Hong Kong stocks were easier
in early trade on Monday with profit-taking on heavyweight blue chips that sent the Hang Seng Index below 10,000 points, brokers said. The Hang Seng Index was down 204 points, or 2.02 percent, at 9,935 points. Turnover was HK$1.36 billion. ''The market continues to consolidate and there is concern over whether the government will sell part of its Hong Kong stock portfolio,'' said Percy Au-Young, sales director, DBS Securities. (Note: this article is ''in progress''; there will likely be an update soon.)
Regards, Fuzfo |