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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?

To: Thomas C (Hijacked) who wrote (2835)	6/29/1998 9:10:00 PM
From: bobby beara	Respond to of 5676

Thanks, Thomas - got the chart, I haven't upgraded to the latest version of MSWIN and couldn't read it. We are getting very close to target of the 568-576 area on the OEX (560 intraday). Intel has been in the lurch, I would like to see one more pop to short. An interesting study in failed H&S is DELL. The fall sell-off created a failed H&S on DELL that pointed to 30 area. Considering that before the "bubble" boxmakers were considered like auto makers, cyclical and deserved lower p/e ratios, a sell-off to this area on a major decline is quite likely. The margins on PC's are shrinking like crazy, hard to believe DELL can peform magic much longer. bwdik, bb