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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Tim Luke who wrote (18518)11/13/1998 8:27:00 AM
From: Jerry Olson  Read Replies (1) of 120523
 
Morning Tim

DELL had great numbers...on P&F they have super support at 63ish their 50dmva..

however with market direction, and Mikey Dell on today, all the sellers could be shaken out buy Mon..there's a lot of overhead calls at the 70-75 strikes that needs to get cleared out...Tim it will!!!
depending on AG's move on Tues, DELL could go either way...

all stocks, after they hit their 52 week highs usually selloff for 2-3 days, and then resume the direction UP....

i'm playing DELL that way...

regards, Jerry
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