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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: Chip McVickar who wrote (8327)8/15/2001 10:25:27 PM
From: J.T.  Read Replies (1) | Respond to of 19219
 
Dell reports tomorrow after the bell. Rocket launch.

Best Regards, J.T.



To: Chip McVickar who wrote (8327)8/15/2001 11:46:44 PM
From: J.T.  Read Replies (1) | Respond to of 19219
 
Dell has em all bamboozled. It is a trap set. Notice the 12/26 day MA's have converged at just above 27, today we had the one day false break today below the 50 day MA at 26.32.

Worst case scenario for me is we kiss the 200 day MA tomorrow at 24.69 bounce and pull the island reversal to drudge em all out after they announce to da moon. Dell is going to hit an intraday high near 32 1/2 minimum into Sept option expiry, imho. Dell closed today at 25.50 down 1.07 for the archives.

66.59.141.65

Best Regards, J.T.