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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: JoeinIowa who wrote (24437)	4/4/2001 8:21:38 PM
From: Ken W	Respond to of 29382

Joe: So what would you expect them to do? Trade the stock back down to 20? Hell, the stock has been from the low 20's to 28 several times over the last 3 months. All the "wallstreets" want is some one to hold thier hand a little and tell them it is going to be alright. DELL is simply doing exactly that. I hope to heaven that they do stay at a 30 PE..as I've made a shit load of money with the stock trading between 30 and 35 PE for the last 3 months. Presently the market is trading on emotion only, just like it did when the NAZ was at 5000. No sense, just being lead around by the nose by the media and analysts. Some where, in between, is where the money is being made...DELL is at that point. Ken