DELL TA ONLY Message Board

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Technology Stocks : DELL TA ONLY

DELL 149.13

-2.1%

3:59 PM EST

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To: E. Davies who wrote (93)	11/13/1998 7:07:00 PM
From: Spaw	Read Replies (4) of 202

E, After spending some more time with my charts, I see 63 as key support. Dell should pop out of this hole Monday morning FIRST thing. Probably a trading range for a time after the initial rebound. I think Dell's power and momentum has been weakened a bit, but the party is definitely not over. So, in answer to your question, I'd say upward trend is still intact. Absolute trend support is in the 50 area. Stock is under the 200dma And approaching the 50dma. Break under the 50dma signals danger. That is around 61. I own no puts now. Trade would have been long puts on the day only. Regards, --spaw--

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