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

To: mepci who wrote (170661)	8/19/2002 2:53:34 PM
From: Herschel Rubin	Read Replies (2) \| Respond to of 176387

Check out DELL's "shorter's paradise" chart today: stockcharts.com[w,a]daolyiay[pc50!f][vc60][iLh13,7!Lb8]&pref=G Perched as high above its 50-day Exponential Moving Average, DELL is ready to gravitate back down to its EMA just as it has every single time in the chart! As is the case historically when DELL gets to this over-extended level, a 10-20% retracement occurs, which would bring DELL down to $25.00 or $22.50 from $28.00. Also note DELL is stochastically way overbought. Low volume today also indicates the weakness of today's rise with mostly retail (herd) buyers today.