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


To: McNabb Brothers who wrote (22448)11/21/1997 11:13:00 PM
From: Rosemary  Read Replies (1) | Respond to of 176387
 
Hank,

Can you change your charts to different time settings over the long term. If you can, over years, and set it for 3 day, you will see an amazing thing. Dell has trended down, hit the bottom and had no where else to go but up. That was my sign to buy in. Dead bottom. I missed it by a few points, but what the hey.

But like you say, there was no support when it went up. Support meaning moneyflow going positive. It stayed negative which means that people were still taking profits everytime it went up. Big concern for me.

Today, it went positive even though the price went down, there was buying every time it went down. You would like to see the opposite keep happening, but today, in a down day its a very good sign for the bulls.

If you can set your chart for what I see, you will also see that once this begins, its on a roll. It hasn't in the past gone sideways, its a curve that goes to the top or the bottom of the window. I accidently found this by pushing the wrong buttons on the chart.

Regardless of all other indicators, moneyflow changing to the positive is a big indicator of things happening that we can't see by just looking at the prices.



To: McNabb Brothers who wrote (22448)11/22/1997 11:57:00 AM
From: jbn3  Read Replies (2) | Respond to of 176387
 
Hank,

re: Usually when the news is as good as it can get and a stock has turned down I take that as people selling into the good news, and the smart money is leaving the stock and selling into weaker investers hands!

The problem with your theory is the DELL phenomenon. The news is never "as good as it can get": it just keeps getting better. At some future point that must change, of course, because I don't see how DELL can get infinitely better, even growing market share in a rapidly growing market sector. <<gg>> But use your search engines and go back a year or two looking for NEGATIVE items about DELL. I think you will find that even negative comments about the industry (declining sales, summer slowdown, etc) have impacted neither on DELL's earnings and growth, nor on DELL's stock price.

So please let me know when DELL news is "as good as it can get."

3.