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


To: rudedog who wrote (144585)10/14/1999 11:45:00 AM
From: JRI  Respond to of 176387
 
In case no one's noticed, Dell (stock) has held up extremely well the last three days..down 1 pt. (little over 2%), while the Naz has been more than 5%..

Looking at the charts, if I would have to guess, we will spend a lot (of the remainder of Dell's until-earnings in the-3rd-week-in-November-quarter) between 44 and 49....probably seeing 48/49 around earnings...and, if we see a .01 surprise (and bullish forward)..then some time in the 50's...

A lot of resistance at 49....a lot of support in the 43/44 area....

Traders want a real hard, down day in the big cap techs (to jump back into them)...if that would happen, I suppose Dell could get back near 40 on the intra-day....but, more likely, we are near the low-end of the (44-49) trading range right now...so call buyers, IMO, should consider stepping to the plate..

If I weren't buying a house, I would be all over Tyco International today....What a crock, Tice's report (saying the same cr$$ that he often spills out, took off and flew yesterday (and today)..at high 80's...a steal...guaranteed 30% in the next year...

BTW- As of last week, Tice's fund had a -10% return for the year....I guess he hasn't been issuing enough reports..