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Technology Stocks : Dell Technologies Inc.
DELL 117.16-1.7%Feb 3 3:59 PM EST
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To: taxman who wrote (128664)5/25/1999 11:18:00 PM
From: Alohal  Read Replies (2) of 176388
 
Taxman, thanks for the heads up on the Brogan interview. He too was not worried from a TA point of view. The interview was Monday, so didn't have today's data, but he did say the following:

(1) The money flows over the past 240 days VERY STRONG

(2) At 36 he thought Dell was very close to a bottom

(3) Looking for an upside over the next 4-6 weeks of 51 3/4

I've been following his calls for some time now and while I am not enamored of TA, in my experience he has been very accurate with a good many stocks I follow, both as to the direction of the stock price near-term and as to the downside target. I remember being quite impressed by his calls on AOL, ATHM, CSCO, MSPG, YHOO, SWY, IVAX and FORE. All reached his price targets within 4-5 weeks. He's beginning to make a believer out of me and I'm a pretty tough sell.

BTW he was very bearish on IBM near term 185-196!
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