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Technology Stocks : Dell Technologies Inc.
DELL 123.13+4.8%3:28 PM EST
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To: TREND1 who wrote (119149)4/20/1999 2:10:00 AM
From: TREND1  Read Replies (1) of 176387
 
(1) Old members of my FREE EMAIL LIST may remember my chart of "Percent of stocks above their 200 DMA" ?
(2) Nearly 50% stocks on the NYSE are now above their 200 DMA.
(3) This is the highest number since July 1998.
(4) This number has risen from 39% to 50% in just the last 4 days.
(5) Certain stocks are getting killed. Mostly INTERNUTS.
(6) DELL and MU have dropped too ! High PE Techs.
(7) In a nut shell....the move has been from MOMENTUM to Value.
Where Value is defined as lower PE's

geocities.com
Larry Dudash
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