Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Bilow who wrote (913)	5/29/1998 7:29:00 PM
From: fred woodall	Respond to of 2578

Hi Bilow; Back in April all indications applauded a short position in DELL. That scenario (My trading account minus 12%) was the end result after Micro-analyzing the stock for the better part of 2 years. I could easily defend a short position now with an excess of indicators/fundamentals both pertaining to DELL and the overall market but that ground has been covered on this thread several times over. As for now & reasons of paranoia I've decided the highest profit can be obtained by holding a position only during trading hours. If someone has concocted a better way to trade DELL in this volatile market please speak up. I'm a chartist by nature so my opinion can be highly debated but I see a spread next week 77.5--84.5. Should the 50Day MA (76) be entertained I'll gladly hold a short position longer than an 8-hour stretch. Fred