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Technology Stocks : Dell Technologies Inc.
DELL 133.35+0.1%Nov 28 9:30 AM EST

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To: Jerry Olson who wrote (83926)12/6/1998 12:38:00 PM
From: Sig  Read Replies (2) of 176387
 
<<<So for DELL to move, you're right the market would HAVE to help it...as Judy said it's range bound for now...DELL's 50dmva is around 60 bucks...it's hit that twice and held...it would take another sharp correction from these levels to break that number...
There is a super buying opportunity in DELL if it moves to 59-60...IMO this stock will lead the techs higher from that selloff...of course if it prints 69, then all bets are off..74
would be a BSB(blue sky breakout}......>>>
Concur the 60 low on Dell looks solid. Am not so sure the SPX has to move up for Dell to move. Seems to be a lot of risk money out there(witness IPO's) and who is going to buy Sears, JCP, BA, Tandy, or oils when their Christmas/ quarterly earnings are poor.??
(I don't keep track of who is in the SP500)
Many people just got their wish, a Dell for under $1000,
which should receive a good welcome Monday as someone has already mentioned, despite the fact it's for business and not for the broader market.
Regards
Sig
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