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


To: kemble s. matter who wrote (46231)6/3/1998 10:18:00 PM
From: Sabrejet  Read Replies (1) | Respond to of 176387
 
From a psychological sense, the news of INTC's "lack of announcement" could be a key reversal in this market. IBM reported earnings almost 2 years ago that turned this market around when fear was high that the techs would fall.

As a trader, I will watch a see what will come of this "move" tomorrow. "if you miss the train, just wait and another one will be here shortly!" I won't chase this as a trade!

If we can't hold strong tomorrow, then another leg down is inevitable. We broke through key support today on the SPX with ALL indicators looking lousy. This announcement COULD be the spark to turn this. I will be ALL technical tomorrow!!!

If the market does run with this all day, then trading will be like shooting fish in a barrel!!

I LOVE THIS GAME!!!!

Rich