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Technology Stocks : DELL Bear Thread -- Ignore unavailable to you. Want to Upgrade?

To: jjs_ynot who wrote (807)	5/22/1998 9:26:00 PM
From: Mike Harkness	Respond to of 2578

<<I have stopped reading a number of other threads because it is just too much work getting through all the self-serving back slapping and personal attacks on contrary opinion.>> I'll Second that. I also stopped reading most threads for that very reason. It's pathetic. Mike

To: jjs_ynot who wrote (807)	5/22/1998 11:01:00 PM
From: Bud Fox	Read Replies (2) \| Respond to of 2578

With that thought in mind, do you think today was a SHORT TERM reversal? The breakout began about at about $70 and topped out about $98(a $28 gain). Today's drop brought it back to ~84, a 50% decline. Basic TA would suggest a bounce to about $91, before its re-test of $84. I personally don't think $91 is realistic, more likely ~$88(solid resistance point) with the current market conditions. I covered my short position this afternoon and went long, looking for a quick $3 -$5 pop, before shorting again. Good Luck!