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


To: Rosemary who wrote (23903)12/2/1997 4:39:00 PM
From: Thomas J. Smith  Read Replies (2) | Respond to of 176387
 
90--Merry Christmas----------------------------

My new headline...... In response to Rosemary,, The 50 has to be turned down first and then you get a test to try to break thur it , and after that failure we will now test the 200 dma. It takes time to unfold. By the way, Tele-Chart 2000 had INTC, COMS, CPQ, and DELL as a short due to the terrible charts and the BOP faltering. TC2000 sees at least a 30 point downward move on DELL before veiwing it as a possible buy candidate. TC2000 has nailed INTC on the head and yeaterday, even after the Barron's article on COMS , came on to tell you it was an opportunity to sell.
ENJOY THE 88's on DELL,, Merry Chritmas...........



To: Rosemary who wrote (23903)12/3/1997 9:32:00 AM
From: Olu Emuleomo  Respond to of 176387
 
Rosemary, You write..
>>>
About your comment on the dell chart about looking at the 200 MA,
its going up, dell broke thru a little yesterday, of the 50 day MA. What would you be looking at to
see a top? You said it would have to be moving in a downtrend, but I see the 200 going up.
<<<

That's precisely why it is very dangerous to short DELL anywhere below 80. Shorting a stock with is rising 200day EMA is risky unless you have some other info not known to the general public. ;-)

--Olu E.