SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Olu Emuleomo who wrote (30966)2/24/1998 4:39:00 PM
From: Chuzzlewit  Read Replies (3) | Respond to of 176387
 
Olu, the reason its trading at 30% above it's 50 MDA is simple:

1. Look at the price 50 days ago -- it was clearly depressed as a result of an over-reaction to Asia;

2. It was only a few days ago that Dell announced blow-out earnings, and a statement that included substantial growth in Asia.

Result, we've had about 30 trading days of overblown Asian fears and 5 trading days of the market seeing incredible earnings.

Now, this highlights the tremendous pitfall in TA. It is a mechanical system that provides no insight into the dynamics of the marketplace.

If Dell were to stagnate at this level for a month or so it would cease to be a short by your reasoning (or lack thereof).

Regards,

Paul



To: Olu Emuleomo who wrote (30966)2/24/1998 5:53:00 PM
From: Lee  Read Replies (2) | Respond to of 176387
 
Olu, I don't think TA is applicable on Dell. I would stick with the fundamental rules, namely:
- don't short on valuation
- don't short Dell
- don't short a stock which could end up on the cover of BW. look at what happened to INTC once Andy was featured on the cover)
Just MHO and trying to help you.

Good Luck

Lee


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News