SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?


To: Lucretius who wrote (75112)11/12/1999 8:08:00 AM
From: re3  Respond to of 86076
 
i suggest waiting on pooting...i originally thought to wait till dell hits 45, now i'm thinking along donalds lines, perhaps 47 or 48...the jan 40's i sold have been sliced in half since i cashed out...



To: Lucretius who wrote (75112)11/12/1999 8:40:00 AM
From: donald sew  Respond to of 86076
 
Luc,

If you are going that far back, we can also argue that a BIG TRIANGlE is forming on the weekly charts.
LOWER TRENDLINE - lows of OCT 98, APRIL 99, OCT 99
UPPER TRENDLINE - highs of JAN, SEPT

The APEX of the triangle is pointing to around 46 in about 1-2 months. I presume you got that 47-48 figure from the same UPPER TRENDLINE of that TRIANGLE. And I the downside at 40 from the lower trendline of that TRIANGLE.

I agree with you that the upside of 47-48 needs to hold, since a break above it would imply a possible strong upside move. I think DELL will just triangulate for the next 1-2 months. Heck, Dell is right now at 43.5 in after hours trading which is basicly smack in the middle of that triangle.

seeya