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

To: McNabb Brothers who wrote (22163)	11/19/1997 10:47:00 PM
From: jim kelley	Read Replies (2) \| Respond to of 176387

Hank, You think I am upset. Far from it. I just find your reasoning silly. If predicting the market were that simple we would all be billionaires! Why not a 20 week moving average or say 70 week moving average instead of your 60 week moving average. IMO, this is astrology not investing. Anyway, it does not matter, the market will determine it course shortly. I find it hard to believe you actually believe this.

To: McNabb Brothers who wrote (22163)	11/20/1997 1:09:00 AM
From: John Chen	Respond to of 176387

Hank, I'm no TA. But I see so many argument on TA/fundamental, would like to make a point or my 2cent. I think reading a chart is reading a summary of the fundamentals from all participants of the stock. Other than short term fluctuation that traders can take advantage of, the chart/trend is a sentiment on the 'future prospect of the stock and it's surrounding environment'. I don't see the market predicting the PC industry is a certainty. SEA debacle hurts the market A LOT. We are in a bear market or severe correction, I guess if this 'down to sideway' period prolong then it is a bear market, or if it is less than 3 months, then a correction (pretty big). This market should drop 15-20% before it restart the rise, I think. Hey, stop shorting TXN. Long TXN with the money you made on shorting DELL. I need that baby. Man, was I stupid to wait for the "SPLIT".