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


To: zalesky who wrote (45494)5/30/1998 4:42:00 PM
From: AlanH  Respond to of 176387
 
Zalesky, best of luck to you...

Speaking of billions of dollars, what do you suppose will come of all the recent (and upcoming) bank defaults? You don't suppose... naw, none of those institutions would hold US equities.

Luckily, DELL has risen crisply over the past several months. A precipitous drop is only opportunity cost to the veterans.

Not to be a wet blanket, but the trend is not friendly right now. (Yes, I know: another boy who cried wolf.) Despite all the "buy on dips" talk from brokers -- that's what they're paid to say, right? -- it might be prudent to stay on the sidelines until a trend is established. After all, if it's a rocketship to the moon, a few thousand feet ain't nothin'.

The 55day clock is ticking.