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Technology Stocks : Dell's Daytraders Decision Site -- Ignore unavailable to you. Want to Upgrade?


To: Larry who wrote (988)11/12/1997 10:26:00 AM
From: DragonBoy  Respond to of 1124
 
<<back where you left your 138 bears before the split. >>
Larry, good idea. If you can buy it at 69 that would be cool, the risk would be very low.
I think the bear season is not over yet, Korea maybe next? The bears are traveling though asia from country to country they are not getting tire yet, maybe it will last til the end of NOV.



To: Larry who wrote (988)11/16/1997 11:57:00 AM
From: Hawkmoon  Read Replies (1) | Respond to of 1124
 
Larry,

Looks like a bunch of folks like yourself can take credit for preventing DELL from breaking support and collapsing.

We had a stop-loss in at $69 and I'm sure that many other folks did as well. If we had broken support DELL would be a $55-60 stock right now.

The level of brinksmanship we saw last week was utterly amazing and somewhat smacking of conspiratorial overtones. Let the market test bottom support twice, and then rebound with a rush of new money coming back into the market to drive prices higher.

Good thing that I'm not the "John Bircher" type.

Regards,

Ron