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Technology Stocks : DELL Thread For BULLS and BEARS! -- Ignore unavailable to you. Want to Upgrade?

To: Paul van Wijk who wrote (126)	11/12/1997 1:31:00 PM
From: Boplicity	Read Replies (1) \| Respond to of 198

IMHO we are in the process of forming right shoulder in a head a shoulder top. Look at DELL on a 3 day chart, it's not pretty but good enough. Failure to rise and stay past 81 would confirm this formation. Greg

To: Paul van Wijk who wrote (126)	11/12/1997 2:13:00 PM
From: McNabb Brothers	Respond to of 198

Paul, Every naked call that I sell, I am always willing to go short at that stick price if it goes above it and it gets called from me! Instead of being short with naked calls I will be short the stock! Don't worry about my margin for I only use about 40 to 50% of my total margin! As far as selling calls on CTXS to cover loses, I'm just adding to my position if it goes above $85! If it hits 85 I'll sell the 90 or 95's! Selling short I will avg. up if I have too, and have had to in many former positions! I'll always be on SI, but when I cover my position in DELL you'll have to find where I park myself next! Good luck to you too! Hank