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Strategies & Market Trends : Point and Figure Charting

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To: Jerry Olson who wrote (10835)12/3/1998 6:38:00 PM
From: Judy  Read Replies (1) of 34811
 
DELL

DELL is range bound between 60-69 and in this whipsaw market spurious buy/sell signals will be triggered. DELL is enterring a transition phase to capture the enterprise market and the Street will take its money off the table until they see how DELL does in capturing the high-end market. PC seasonal sales and liquidity could take DELL higher near-term. Trading stop at 56ish ... unless you intend to turn your trading shares into an investment.
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