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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Chris who wrote (8949)5/27/1998 11:28:00 AM
From: Electric  Respond to of 42787
 
Chris,

I agree...

Continue with this GET thing.. I am watching it and you..

I hope you find the grail here, cause I know you are cool enough to share the insight.. and I wish you the best on it..

I agree on DELL, I am patiently waiting on mid 70's on an entry.. I am not at all uptight at your calling it to settle in, cause I know it will.. I am not a DELL head, but as long as things are for the most part constant and their BTO model intact and un-duplicated by the competition DELL will flourish..

An interesting thought, the S&P earnings estimates came down from an average of 10.5% better to like 2 and change? yet DELL did not lower or warn, in fact it missed unreasonable bullish estimates by a penny and that was with them not lowered..

I also agree with them being a past INTC, but when will they slow down? The thing with DELL is how even when the PC market slows, pricing doesnt affect them as they can lower prices at the same time that inputs are lowered in price.. they keep their margins.. INTC cant say that.. that is where they lost their steam, as demand lowered, they lost their competitive advantage.. DELL still has that due in point to their BTO and lower cost curve..

Waiting and watching..



To: Chris who wrote (8949)5/27/1998 11:44:00 AM
From: Robert Graham  Read Replies (1) | Respond to of 42787
 
Looks like the DJIA went past its intraday low and is now bouncing up back to its intraday low. Now I think it will test its intraday low from the other side now where this low will respresent resistance. If it manages to move convincingly up past this previous low, this failed breakdown may mean some up action in the Dow that may carry with some strength. If the Dow validates this previous low and starts to continue its move downward, we can be in store for some substantial additional losses in this index.

We will see if these price patterns carry any weight with the Dow.

Bob Graham