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


To: JRI who wrote (41553)5/12/1998 12:38:00 PM
From: Lucretius  Read Replies (4) | Respond to of 176387
 
I have already stated my fundimental reasons for DELL's decline earlier in this thread. don't have the time nor the inclination to repost all of it after getting such kind rsponses as yours. Go look for it.

As for Japan, that's a L-T investment I feel very comfortable w/. Like you said, EVERYBODY hates it. They've been in a bear for 10 yrs. There may be a little downside left, but I'm avaeraging in because wehn you take a 10 to 15 yr look at it, you are GUARANTEED to make a killing. I don't care about daily movements.

as for the XAU, is it really important where I enetered compared to the gains you've experienced in DELL???? This isn't a pissing contest. I don't care what you're invested in and DEFINATELY don't care if you don't own gold or Japan. These are both L-T plays (gold happens to be moving in the S-T) that I feel comfortable holding for yrs. In 1980, nobody wanted US equities, the saying was "you can't give them away." Look where we are today. The same can be said for Gold and Japan today.

Don't worry if you don't understand. Your mentality falls in w/ 90% of the US public that will be handed big fat losses. Good luck!

-Lucretius



To: JRI who wrote (41553)5/12/1998 3:35:00 PM
From: Chuzzlewit  Read Replies (2) | Respond to of 176387
 
John,

Lucretius, can we PLEASE have some sort of timetable of when this "crash" is supposed to happen.......or do you even have an idea?

Forget it John, you are wasting your time. The key to chart reading is to couch forecasts in such a way that they cannot be checked even after the fact, which requires that the predictions are open-ended. So if Dell went to $125 and came back to $100 the chart readers would claim victory. Even when the victory is pyrrhic. Remember the McNabbs? They claimed victory because in addition to their short position they were selling naked calls which expired worthless.

TTFN,
CTC