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

To: Paul van Wijk who wrote (21976)	11/18/1997 5:50:00 PM
From: McNabb Brothers	Respond to of 176387

Paul, <Do you only focus on the charts,> NO! <the numbers and the overall-market> YES! <or are you also try to understand the fundamentals of the stocks you put your money in.> FORSURE! ALL OF THE ABOVE AND MANY OTHER CHANGING FACTORS! <From my point of view you are making the wrong decisions the last few days.> I THINK I'M RIGHT! MY SHORT POSITIONS TODAY! DELL + 1/2 VIAS - 4 1/2 ZITL + 1/4 YHOO - 1/4 CTXS - 1 7/8 AOL - 2 1/8 DDIM - 3/4 WHAT'S WRONG WITH THE ABOVE? AND MOST ARE WAY OFF THEIR YEARLY HIGHS! <Why are you still short on Dell, with a COMDEX and an earning- release coming soon?> BECAUSE EVERYTHING THAT I'M LOOKING AT IS TELLING ME THAT DELL IS GOING TO $60 TO $64! <Why all these troubles to win a few bucks on the downside, while it is so easy to make (much more) money on the upside with a simple buy and hold-strategy?> IT HAS BEEN EASY MAKING MONEY TO BUY AND HOLD, BUT I THINK WE WILL SEE A BEAR MARKET! BY THE WAY I HAVE ALWAYS MADE MUCH MORE MONEY, MUCH FASTER WHEN SELLING SHORT! <Why taking such a gamble on shorting CTXS? (Although I consider being long on CTXS as gambling too. Only my risk-reward ratio is better).> BECAUSE I LIKE TO DIVERSIFY MY SHORT POSITIONS! I THINK MY RISK-REWARD RATIO IS BETTER! THAT'S THE REASON YOU ARE LONG AND I'M SHORT CTXS! <I know there always is a chance that the unexpected will happen, and you be right. Maybe Dell will post negative earnings next week, and will announce taking a one-time charge. But you have to agree that the odds are against you.> I THINK IF DELL HAS A GREAT QUARTER IT WILL GO DOWN! BUY THE RUMOR AND SELL THE FACT! <And you should also know that you are betting against the longterm trend. So your time is limited. A long can always wait when things go wrong, shortterm. You cannot do that. You have to be right within a certain timeframe.> FIRST OF ALL I THINK I'M GOING TO BE RIGHT! SECOND, A LONG CAN ALWAYS WAIT WHEN THINGS GO WRONG, I CAN SHOW YOU MANY MANY A STOCK THAT PEOPLE ARE STILL WAITING ON! Paul, if I did not like you so much I wowld have never taken the time to answer all your questions! Please print this out and keep it so you can go back and refer to my answers! I'm about played out on this thread, until I cover my short at a loss or at $60 to $64! Keep in touch, for I'm sure I will continue to post, Hank