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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: jz who wrote (16092)	5/19/1998 6:04:00 AM
From: Clint E.	Read Replies (1) \| Respond to of 68037

Hi John. I know what TC2000 is but don't know what P&F is DELL was not a "perfect" trade. I pretty much picked the top but missed the bottom at 90 on Friday and had to cover at 93 today. My cost on DELL(including my gain in shorting it) is ~89-1/2 now so I am going to keep it. The only thing that still bothers me is the fact that it has has run up by 50% ahead of earnings. I generally don't like that. Let's see if DELL is an exception. LU near 70 is a buy. It didn't break 70 even when techs were tanking. We have to respect that. Just last week I was reading about their foray into high-margin network software management. They keep re-inventing themselves and that's amazing. I have also read that they may be looking to buy a frame-relay company soon. Clint