MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 652.56

-1.5%

4:00 PM EST

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To: dennis michael patterson who wrote (6808)	2/21/1999 11:42:00 PM
From: Electric	Read Replies (1) of 99985

dennis, I too agree with you. I think DELL has tripped a bit and will have to make adjustments to continue on the path that they have been on and that we are accustomed to. I think things are far from over, and the same pattern that DELL went into after last earnings ought to follow, a slowdown for a period of time, then a trading range style of activity followed by a likely catch-up move in a few months down the road. I am not so sure that the NAZ might have problems, think of the run-up that it has had. Somthing has to give. I did find it interesting how the analyst gave the green light to the net stocks. I cant say that I am dissapointed though. I am looking at DELL leaps, 2001 near the money. Buy when the beta releases and make alot of cash.. See ya...

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