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


To: techtfh who wrote (162074)10/12/2000 2:11:03 PM
From: BUYandHOLD  Respond to of 176387
 
Obviously nobody knows for sure. But I for one bought at $25 and bought more today at $20. I will emphasize these are LEAPS but the concept is the same.

I think these are pretty good prices if one swallow hard!!

Message 14522413



To: techtfh who wrote (162074)10/12/2000 2:19:29 PM
From: edamo  Read Replies (1) | Respond to of 176387
 
techth...."averaging down"

about a week ago i posted "better to buy at 35 on the way up then 25 on the way down"

got a quick response of "why give up an easy 40% gain from 25 to 35....hedge by writing calls"

guess not so "easy", the short term buy/write would have not been a sufficient hedge...

best to be prudent.....dell setting new lows almost every day......and will move down with any bad market/global/specific news!

has no "real" support....16 to 20 range possible....only "support" is if some great news comes out to create a instant euphoria.....left on its own devices it's a bit weighted down....too much low cost basis stock, finally taking profits...



To: techtfh who wrote (162074)10/20/2000 12:29:07 PM
From: BUYandHOLD  Read Replies (1) | Respond to of 176387
 
Hey Tech

So you can see averaging down wasn't so bad after all.
Like I said before buying @25 then @ 20 has put a smile on my face.
Considering I was using LEAPS you can see why the smile has turned into a wicked grin.
Message 14567573