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Technology Stocks : Dell Technologies Inc.
DELL 122.46-8.5%3:59 PM EST

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To: Thomas J. Smith who wrote (111305)3/23/1999 6:13:00 PM
From: Venkie  Read Replies (2) of 176387
 
To: Frank Ellis Morris (111290 )
From: Thomas J. Smith Tuesday, Mar 23 1999 5:45PM ET
Reply # of 111318

200 DAY MOVING AVERAGE ..............................

$30 may be wishfull ,,but maybe the 200 DMA will be the first line of support.....

The 200 dma is sitting about $33

I would expect to see an intraday reversal tomorrow (a move lower in the morning and ending the day on the upside)

The worst thing that can happen is for it to start the day higher,,, It needs to get that final shakeout,, which is usually done with a reversal.


I am going to follow your lead on this..To be honest...I think your probably right..33 is a good bottom number to look for..I will make my last dell buy at that point..actually..anywhere below 35 and I will start..I sold 1/2 my aol this week<gg>....WEBT=A SMALL LOSS..SEVL..SMALL LOSS..i HAVE SOME BUYING POWER AND i NEED A LUCKY BREAK..I BOT A COULPLE HUNDRED SHS OF YHOO TO HOLD FOR THE MSFT BUYOUT<GG>..mAYBE IT WILL GO UP 250 PTS TOMORROW AND I CAN SELL IT..IT GOT SOME UPGRADES TODAY=TARGET 300<GG>dON'T EVEN LAUGH..eMC IS ON MY LIST 2 AND AOL BELOW 110=100 EVEN BETTER..THOSE GUYS ARE REALLY BLOATED..DELL IS DOWN TO SKIN AND BONES SO ITS READY FOR PLUCKING..
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