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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: Stoctrash who wrote (43792)5/22/1998 11:38:00 AM
From: ViperChick Secret Agent 006.9  Read Replies (1) | Respond to of 58727
 
did xlnx ever make it to 47 on the bid or do you just think you should have gotten a short as per the Manning Rule...
LOL

more for you Dell Heads...
go ask Jan on the P&F thread if you have questions on this because I dont have clue...

To: +P&F-Madness (3120 )
From: +P&F-Madness
Friday, May 22 1998 11:33AM ET
Reply # of 3122

DELL:
I wanted to highlight this high flyer that has made many investors
happy over this past bull run. I bring it to attention because it is
showing signs of demand drying up and supply coming in.

I'm going to use Dell to illustrate how we stack things in our favor.
Below is a list of indicators we use to determine our risk. Remember,
just looking at the stock isn't enough. You have to know what the
forces behind the stock are doing (market, sectors, indexes)
Here is a check list for Dell from the top indicator down:

Indicator -/+ Collumn In your favor?
NYSE bullish percent - O No
Optional bullish percent - O No
Over the counter bullish percent+ X Yes/No (just ready to reverse down to O's)
Computer sector - O No
BMX box maker index (PHLX) - O No
Dell RS + X Yes
Dell Trend + abv bsl Yes
Dell signal Sell O No

To add them up you have 3 for you and 5 against you (could be 6 by the
end of today).
This information tells you if you are heavy into Dell, it is time to
consdier hedging. If thinking of buying.....ummmmm IMHO not yet.
Thinking of shorting....yeah, it could work (a Tom Dietz thing).

Dell chart:

102
100 ------------------------------------------------------------------
99
98 X X <--resistance
97 X O X O
96 X O X O
95 --------------------------------------------------------X O X O --
94 X X O X O
93 X O X O X O
92 X O X O X O
91 X O O X O Top
90 ----------------------------------------------------X ----O --O --
89 X O
88 X O
87 X O <--second sell signal
86 X
85 ----------------------------------------------------X ------------
84 5
83 X
82 X
81 X
80 ----------------------------------------------------X ------------
79 X X
78 X O X
77 X O X
76 X O X
75 ------------------------------------------------X O X ------------
74 X O X Med
73 X O <--Next support level
72 | X
71 | 3 X
70 ------------+---X O ------------------------X --X ----------------
69 | X O X X X X O X
68 | X O X O X O X O X O X
67 | X O X O X O X X O X O
66 | X O X O O X O X O X
65 ------------+---X O X ----O X O X --X --X 4 X --------------------
64 | X O O X O X O X O X O X
63 | X O O X O X O X O
62 | X O X O O
61 | X O
60 ------------+---X -----------------------------------------------