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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: AUrush who wrote (57251)	9/7/1999 10:26:00 AM
From: stan s.	Respond to of 90042

DELL, Hi AU. If I held DELL and had the cushion you have, I'd be hard pressed to sell until it did something wrong. To me "wrong" would entail either failing to hold that new found support (on a closing basis) at around 49 or breaking that wonderful short term up trend line that it started a few weeks ago at 38.5. Draw it in with that as the starting point...and hit the major open/closes. Up trend lines go under the stock... It appears it wants to take on minor resistance in the low 50's before tackling the tougher job in the mid fifties range...my guess is it fail there for a time. All this is irrespective of market or stock specific news of course. Good luck. Stan