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


To: Chris McConnel who wrote (163108)12/6/2000 1:07:39 PM
From: edamo  Read Replies (1) | Respond to of 176387
 
chris...still appears to me under distribution, problem i see is that on the last couple rallies it was unable to build a momentum peak higher then the previous peak..

with dell, it's not as much higher cost basis selling into advances, but perhaps lower cost basis long term positions bailing to lock in some what of a profit.....

notice how it continues to notch down in its trading range....sixteen is possible, but may not be probable if the overall market stabilizes.....dell is in the less then desirable position that good news doesn't move it, but bad news, even if not dell specific tends to sell it off....

going to need more then the kings horses and men to put dell back together again......

in my opinion there are other low value, high growth situations that will snap back before dell...