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Technology Stocks : Dell Technologies Inc.

DELL 152.40

-1.5%

3:59 PM EST

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To: Sonki who wrote (107290)	3/4/1999 8:56:00 PM
From: Jerry Olson	Read Replies (3) of 176387

HI Sonki and all you DELLHEADS<g>... just a visit to update my P&F indicator for DELL... DELL had good support at 77 which was a double bottom sell signal..it printed 84 today for a new buy signal..it must clear 89 for any meaningful move up..i feel 90 would the top for now...if it gets there!!!..in P&F speak..."when it crashed and burned" we call that a "low pole"...usually stocks that are going to reverse up retrace 50% of that move...90 would be that number... on the downside after the split...74-75 would be real trouble imo...The current RS is in a lowering column of O's, a big big negative... Long termers of course will hold...traders should exit around 89-90 if we get there... Good Luck to all... FWIW with all the hype today on IBM deal, the price action in this stock was awful, and so was the NAZ in general...

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