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


To: TTOSBT who wrote (154842)3/10/2000 3:39:00 PM
From: edamo  Respond to of 176387
 
ttosbt...dell 60?

i've shared in pm's with some of the rational folks, that dell last friday at 45, with the volume and upturn momentum was able to break out....i used the words "now or never"...if it again faltered at 48, it was dead money...the recent volume move has given it momentum that it hasn't had since late 98....i took a position last friday on march 50 calls at 5/16....they are at 4 today....if news remains positive for dell and the overall market, 60 is possible by next week....48-50 looks like near term bottom, but the recent upside volume negates any major pullback (unless a bad "event" occurs). watch it on monday, if it trades flat to slightly down early in the session, and firms before noon, it can go to 56-58 quickly. if it does this, it has established a new all time high, and the momentum investors will jump in....