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

To: Sig who wrote (172671)	4/28/2003 7:58:45 AM
From: Sig	Respond to of 176387

Markets now steadying a bit.... <<<<Markets are trading close to three-month highs as corporate results in the U.S. and Europe have broadly pleased investors.>>> and <<<Merrill Lynch investment bank said there was now lower aversion to risk in the market as a steadier nerve returns following the end to the war in Iraq, confirmed by a collapse in equity market volatility. Thats the way it looks to me also "Should the FTSE 100 break above 4,000 and the DJ Euro Stoxx 50 break above 2,750 there will be less downside risk said Tom Hobson, an analyst at Merrill Lynch.>>> In simpler terms, if the market goes up, it will probably go up << "But fundamentals remain poor, in our view, and a genuine bull market many moons away," said Michael Hartnett, director of European equity strategy for Merrill Lynch.>>> This last statement is sheer speculation, sometimes known as hogwash No broker got it right on the way down, as sharp and deep as the fall was. But suddenly their crystals balls have cleared up and they have got it right ? In your dreams (g) biz.yahoo.com Sig

To: Sig who wrote (172671)	4/29/2003 10:20:32 AM
From: John Koligman	Read Replies (1) \| Respond to of 176387

Sig, if you have traded actively and lasted six years, I'd say you are over the hump. I've seen lots of talk over the years about a 90%-95% washout rate for folks attempting to trade the markets actively for a living. That was probably quite a bit lower during the tech boom years where it was tougher for folks like me to make big money because we couldn't believe what was occurring and stayed away from those 'playing with matches' stocks. Of course, that number has most likely 'reverted to the mean' over the past three years, with most of the 'new hotshots' back at work... As for Dell, it's made me look good over the past few years in it's narrow range, but I really don't have any idea (or good feel) for when it will actually break out. I keep thinking a sustained cyclical rally would do it in a big way, but then I go back to Jan/Feb 1999 when Dell first cracked and the NAS continued to rocket. I keep saying that we are really overdue for a nice rally with some legs (this potentially being the fourth down year, which has happened either once or at most twice during the 1900's, as I recall). Looks like the market is trying again in here, but we shall see... Best regards, John