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Technology Stocks : DELL Bear Thread
DELL 149.13-2.1%Nov 6 3:59 PM EST

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To: Lucretius who wrote (2358)12/11/1998 7:28:00 PM
From: Moominoid  Read Replies (2) of 2578
 
Though DELL has been very resistant to all our prognostications up till now... this latest DELL peak could be aborting already:

iqc.com

For more detail:

iqc.com

My own TA method shows room for a down move now which wasn't the case when we were on the RH shoulder of the previous peak.

I'm expecting the general market to fall and DELL with it. However, I have raised my bottom (medium term) for DELL to $38 based on a 34 week BB analysis. The CPQ=DELL scenario could be a possibility.

Maybe I should go long CPQ? It looks reasonable value to me.

David

PS a nice 36C (96F) day here. Summer has arrived....
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