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


To: Chris who wrote (9109)5/29/1998 4:51:00 PM
From: Judy  Read Replies (2) | Respond to of 42787
 
My sense is that DELL should hit the high 70's between now and June expiry, and with the market and luck helping, it should float back above 80 before expiry ... unless major world events tank our markets. DELL at 77-79 is a trading entry, not an investment entry.

Don't have the energy to join the convo between you and Chuzzle on the DELL thread, thread is a wasteland for the most part. For the majority of people, Chuzz's approach works well; for a small subset of people with the stamina and psychology for trading, entry/exit based on technicals can be very profitable. Chuzz's approach works over time over all types of markets; it is not clear that there is a techncial trading system for equities that works for all types of markets. One often sees traders who have had stretches of successful trades, then BAMM ... the market turns wicked and unless the traders are disciplined, they get wiped.