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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: edamo who wrote (132966)6/16/1999 10:34:00 AM
From: JRI  Read Replies (1) | Respond to of 176387
 
Hence my "partly" comment (I "partly" agree with you)....Dell still regaining its footing and basing here....we are still too close to last earnings........make no mistake, Oppenheimer did hurt today...all those trading guys who keep on CNBC in the room heard Dell (mentioned as one of the few worry spots)..decided to buy "everything else" and not Dell...Even with their lousy track record, Oppenheimer mentioned on CNBC a couple times has an effect...

Bigger picture, CPI data was just the tonic this market needed to rally into a strong July earnings period..Now the Fed can even raise, and the market will probably rally...Before today, I was worried (short-term), because this report seemed to be a no-win situation...Fed raise would have raised additional interest rate fears..and that would have clobbered the big cap techs...and July earnings wouldn't have helped much....Big boost for bulls (psychology)

We should be in a nice sweet spot thru July..nice rally coming...should help Dell too...(but probably not as much as others)...