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

To: Tradegod who wrote (979)6/3/1998 4:11:00 PM
From: Kris  Read Replies (2) | Respond to of 2578
 
Close was especially interesting in view of the fact that CNBC pumped Dell ALL DAY long, and plans to continue into the evening, and it seemed to have no effect whatsoever! First there was Kramer, then Maria, then Mark, then another noontime guest, then Ron Insana and others--all promoting Dell.



To: Tradegod who wrote (979)6/3/1998 9:20:00 PM
From: Moominoid  Respond to of 2578
 
Perhaps might want to reconsider shorting this one

I would reconsider but am going to Europe (from Australia) for a few weeks. I don't like to leave a short position unattended. I have puts on National Australia Bank (second biggest Aussie company and US beta of 1 - maybe our interest rates will be raised to defend our currency too) which are working pretty well so far to hedge my position against a market crash.

David


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