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

To: Sonki who wrote (26521)12/30/1997 5:15:00 PM
From: Thomas J. Smith  Read Replies (1) | Respond to of 176388
 
-85--Happy New Year----------------------------------------

The last 3 days were a News Years gift, with the lightest volume ever sported by DELL with this most point move.
But, the Pros tend to wait and see the low volume rally fail at the declining 50 Day Moving Average. The 50DMA was at 85 and 3/4's and it failed and the lack of volume should comfirm this failure over the next few days.

Happy New Year and enjoy the 85's......



To: Sonki who wrote (26521)12/30/1997 8:18:00 PM
From: jmac  Read Replies (2) | Respond to of 176388
 
Hi Sonki. The news from INTC may be good for CPQ and DELL but I have a feeling
that we are going to see <70 on INTC tomorrow am. I am sick to my
stomach for holding on to this stock for so long. I believe that
INTC was in the mid 60's or so (adjusted for the split) on Jan 1 last year. It
has proven to be one of the worst performing high-quality, growth stocks for 1997.

Buy and Hold..... for how long?


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