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

To: Irish King who wrote (33012)	3/8/1998 5:21:00 PM
From: Geoff Nunn	Read Replies (1) \| Respond to of 176387

Dell Day Trading is making the fund managers filthy rich...I hope it continues, but I'm also aware that the ants can show up and ruin a perfectly good picnic. Irish, this assertion is somewhat inconsistent with your previous statement about high volatility in Dell shares. If day traders are becoming filthy rich, it is because they are buying low and selling high. If they are buying low, that would increase demand and help push up the price when it is low. Similarly, selling shares when the price is high would tend to reduce the price. In other words, the end result of day traders making filthy rich profits would be a more stable price pattern. Now, of course, you can reply that Dell shares remain unstable and volatile because day traders aren't out there in sufficient numbers. Yet, you make it sound so easy. You refer to Dell shares as a day trader's paradise. If it's so easy how come you don't join them? You do like easy money don't you? Regards, Geoff