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

To: Chuzzlewit who wrote (45216)	5/28/1998 3:52:00 PM
From: Chris	Respond to of 176387

hi chuzzle, thanks for the post.. here's a post on momentum: Momentum A. Definition Momentum is simply the difference in prices over a period of time. Momentum is defined as the current settlement price minus the settlement price of n days ago. That positive or negative price difference is plotted around a zero line. The general formula for momentum is: Mn = P - Pn where: P is the latest settlement price Pn is the settlement price of n-days ago The momentum line behaves in the following ways: When the line is above zero: - a rising line means the uptrend is getting stronger - a level line means the uptrend is holding steady - a falling line means the uptrend is fading When the line is equal to zero: - the trend is exactly sideways When the line is below zero: - a falling line means the downtrend is getting stronger - a level line means the downtrend is holding steady - a rising line means the downtrend is fading B. Trading Uses Momentum can be used as a technical indicator in much the same way as the moving average oscillator is used. It can be used for identifying trends, overbought/oversold conditions and divergences. Again, the parameter used for the momentum indicator depends on a trader's time frame and the optimal value for a particular market. Momentum can be used for trend identification by noting the direction of the line (e.g., rising line, bullish trend), the speed at which the line is rising or falling (e.g., steep rising line, very bullish trend), and the momentum line's cross-over of the zero level (e.g., a shifting trend).

To: Chuzzlewit who wrote (45216)	5/28/1998 4:00:00 PM
From: Paul Merriwether	Respond to of 176387

<< Please define exactly what you mean by momentum. In physics it is mass times velocity. In Dell I thought we saw big increases in volume and prices. >> Chuzzie give it up. to some people TA is like religion. irrational, act of faith, walking on water. wassa difference? you can never argue rationally when they bring out their crows, bands oijas and candles(goats too (?) ;) ). to each their own! best -P btw: i am loving my dell short @ 93 and more on 86+ yesterday. I love these greedy rallier's and short term buyers.

To: Chuzzlewit who wrote (45216)	5/30/1998 2:14:00 AM
From: jbn3	Read Replies (1) \| Respond to of 176387

Top Cat, Stock prices are the result of investors perceptions. If those perceptions are at variance with reality the price of the stock moves substantially. Obviously, some investors had unreasonable expectations about Dell's earnings, and when earnings were reported they were disappointed, and sold. Agree. The investors' perceptions of the fundamentals was at variance with reality. IMO some investors did expect more stellar earnings, and probably some expected a stock split announcement at this time. I have no way of judging how much this or similar threads may have contributed to a split expectation or to heightened earnings expectations, but I think it safe to say 'somewhat'. Additionally, momentum investors may well have decided to sell, take the run-up profits, and move their money to a different arena temporarily. The momentum players will probably be back in August. Regards, 3