dear BDR, Below are some of my past post. As much as I hate to agree with IT, she is right, when I get real negative the sell off is near and it's time to start buying, that's what I do, and DID with ATHM and EMC. Now for my 23 price, if DELL would of broken through 35 or so it would of gone to the 20s. Now since you see the same prices I see, you should of seen that DELL recovered off of 35 and bought. I try to think you myself, you should too. If anyone where to say me that they could predict market action day in and day out, I would call them a lire right to their face.
This next earnings from DELL is the key, management is on record as saying things are on track, if they come up short, then I'm out of here. Even if they are on track I find it hard to believe that DELL will ever make it back to it's old high in the 50s. Remember I own many many shares of DELL, it was my largest holding until AOL took its place, so I have a lot riding on DELL still.
<<To: Voltaire (106415 ) From: Gregory Mullineaux Wednesday, Mar 3 1999 9:32AM ET Reply # of 114027
HMMM. I am getting very bearish, could be a sign that sell-off is near its end... HMMM
Greg To: D. Swiss (111285 ) From: Gregory Mullineaux Tuesday, Mar 23 1999 5:15PM ET Reply # of 114028
I don't know who said it, but the poster that posted that if dell had 17 more days of 2 point declines it would be zero, that post put the LARGEST GRIN on my face today. Bears are you out there? Are you listening? Sure you could get 5 maybe 10 points, but that would be it. It is very dangerous to short now. Just like buying when the stock is shooting up, now is not the time to short. Boy would I love to buy some in the 20s that would be the stock gift of the year.
Greg>> This was real near the end of the sell off. YOU could smell the ending, it was getting out of hand.
Greg |