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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%Nov 21 4:00 PM EST

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To: Stephen who wrote (15095)5/27/1999 1:19:00 PM
From: pater tenebrarum  Read Replies (2) of 99985
 
re: Dell-heads: they are about to suffer a lot more, imo. there is still an inordinate amount of call speculation in Dell, in fact call open interest in Dell regularly breaks previous records for a single issue. this is bound to resolve in a further sharp downswing in Dell. worldwide PC-demand is in a slump, and Dell's valuation is still out of this world. that will change (the valuation will). i fully agree with bb's target for Dell - i will consider buying it when it hits $10.

regards,

hb
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