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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: Bilow who wrote (2436)2/20/1999 10:41:00 AM
From: lin luo   of 2578
 
Sometimes there is a false break. Traders just want to test how many stop orders placed. They try to break the support level by selling massively. If there is no follow-through, they will buy back at once. People will be trapped if they follow the TA too closely. The trend should be persistent over much longer time period. My signal to see the bottom is either there is over 150 mln shares traded or 4 mln, without any news. It is interesting to watch DELL right now. People should really worry about next quarter.
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