Dell Technologies Inc. Message Board

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Technology Stocks : Dell Technologies Inc.

DELL 133.78

-0.1%

Nov 14 3:59 PM EST

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To: freeus who wrote (83217)	12/2/1998 11:35:00 AM
From: Chuzzlewit	Read Replies (2) of 176387

Freeus, re: Shouldn't other stocks be sold when they go down past some support levels? No! You don't know in advance where a stock is headed, so when Dell dips you don't know whether it is headed south for good, or whether it will once again rise to new heights. Our hindsight is perfect, but our ability to tell the future is extremely limited. (Besides which, there is no such thing as support -- it's one of those pervasive TA myths.) Why would you invest in a company whose value is not expected to increase? If you are a growth investor I would think that your portfolio should be composed only of companies whose long-term business performance is expected to be excellent. I am assuming you are approaching this as an investor, not a trader. TTFN, CTC

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