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Technology Stocks : Dell Technologies Inc.
DELL 154.64-3.4%Nov 4 3:59 PM EST

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To: Frank Ellis Morris who wrote (94895)2/4/1999 6:25:00 PM
From: Lee Martin  Read Replies (4) of 176387
 
Frank,
I'm not too worried about today. I think the big boys are just "burping" the weak investors. The market puked up all the tech bellwhethers today so market makers have a huge inventory now to get rid of. What do they do tomorrow? Huge rally! They bought 'em cheap today, they'll run 'em up tomorrow, and make $$ coming and going. Volatility whipsaws us little guys that try to trade it, but is great for the MM's who control the market.
This should scare some of the newsletter writers and reduce % bullishness and increase bearishness next week which will be good news. Maybe we should start our own bearish newsletters so we can do our part to get to DOW 10k. Regards,Lee
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