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Technology Stocks : Dell Technologies Inc.
DELL 122.55+4.4%Nov 21 9:30 AM EST

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To: h.l. meeks who wrote (104617)2/24/1999 6:35:00 PM
From: Hector  Read Replies (3) of 176387
 
h.l. meeks and Trufflette,
(and others who don't invest via the tooth fairy)

Looks as if its heading back to 75. Nice descending triangle from the high at 110 setting up on the 30 minute and 60 minute intraday charts.

Most likely, it'll find support there unless the overall market continues to go down. Longer term, I'm still very bearish. The only thing keeping this market up is the "greater fool theory".

The problem with this market now is that it appears to be trading with the bond market again. If so, it's in trouble. The major brokerages will be resetting their recommended equity allocations over the weekend. It's time to be careful.

Regards,
Dave Walter
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