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Strategies & Market Trends : Waiting for the big Kahuna

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To: Maxer who wrote (33347)11/9/1998 11:51:00 AM
From: donald sew  Read Replies (3) of 94695
 
Maxer,

I did not know that DELL was announcing today after the close - I thought it was later this month. No wonder it popped up a little today. As you say that it moves up after earnings, so it appears that 69 will be the key resistance since it does not appear, so far, that it will break 69 today. If DELL does not break 69 within a week or so, such action could be hinting of a topping out process. Guess that the earnings and forward looking comments will give further direction.

Seeya
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