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Technology Stocks : Dell Technologies Inc.
DELL 119.41-2.7%3:59 PM EST

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To: edamo who wrote (98018)2/12/1999 1:53:00 PM
From: BGR  Read Replies (1) of 176387
 
edamo,

This is how the theory goes in a nutshell:

The market is in equilibrium only wrt all information already processed by the market, the moment new information hits the market the equilibrium is broken. Unless one has advance notice of information going to hit the market it is not possible to predict the direction of the move once equilibrium breaks. Whether or not anybody can do that is a different issue but TA certainly won't help you there as it is essentially backward looking. Academic studies are almost invariably backed up by statistical studies with real world data. You may want to try the so-called Random Walk book by Malkiel if you are interested.

I too bought some DELL '01 140's at 24 in the morning (underwater now).

-BGR.
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