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Technology Stocks : American Power Conversion

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To: Bob Walsh who wrote (2113)3/24/1999 6:00:00 AM
From: Paul M. Rengier  Read Replies (1) of 2574
 
I woldn't buy DELL now. APCC will test its bottom @27. The target is roughly 40$. This is a cheap stock now as opposed to DELL.

If 27 doesn't hold, this spells disaster. And I wouldn't bet on it.

SP500 dived under 1280, so its breakout could proove as a bulltrap.
It could easily test 1200-1220 now.

best regards

Paul
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