Low to mid 50s if bomb don't drop in IRAQ, if they do they we could to the low 50s high 40s. If we reach the mid low 50s, high 40s I'll be a buyer. For those you that are me sending PMs, I feel, as a stated during the week, it will take 6 months before we make another high, by then CPQ will have time to prove that DEC and the direct angle are working, and DELL will have adjusted, and the mo traders will be replaced by holders that can take 20 to 30% price appreciation going forward. It's up to DELL, as it should be, to proof that it can still grow at 50%. This drop in DELL has set a ceiling, and has put worry into weak holders minds, they will want to get out, each rise will be stopped with selling. If one takes a look at the DELL graph, it easy to see that the trading in DELL has changed from the past, the days of 100% gains, and splits every year are long gone, this is to be expected after at 200% + gain year.
Greg |
