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


To: Senator949 who wrote (49506)7/1/1998 4:50:00 PM
From: MichaelW  Read Replies (1) | Respond to of 176387
 
Are candles and stars creditable?



To: Senator949 who wrote (49506)7/1/1998 4:58:00 PM
From: D.J.Smyth  Respond to of 176387
 
robin, <<What I've learned tells me this should be considered a very bearish sign for DELL. >>

Dell exhibited some of the same patters from $50 to $37. it was Dell's earnings which, when the rumors started coming, turned the corner. Dell also exhibited these patterns below $20. "very bearish". very doubtful. i use candlesticks, but mainly for 15 and 30 minute oscillation patterns. they can be less reliable for daily patterns.



To: Senator949 who wrote (49506)7/1/1998 5:20:00 PM
From: Kayaker  Read Replies (3) | Respond to of 176387
 
<<...looking at candlestick analysis....very bearish sign for DELL>>

Pardon, but IMHO, I would have more faith in the pattern shown by throwing a handful of gopher bones.



To: Senator949 who wrote (49506)7/1/1998 6:00:00 PM
From: T.R.  Respond to of 176387
 
You could be right..however..you would probably be the first. There have been MANY bearish signs supposedly exhibited by DELL over the past year (since I've been invested) and yet it continues to move upward quarter after quarter. There have been a few times when it stopped for a breather or moved down for a brief period...but take it from me..DON'T TRY TO TIME IT. During the past year I bought my position back several times...at a higher price, not because of a chart or bearish comments but because I thought it would react like many other stocks I have owned that go into a "buy/sell" pattern.

Good luck,

T.R.



To: Senator949 who wrote (49506)7/1/1998 6:15:00 PM
From: Chris  Respond to of 176387
 
im not an expert on candles, but i still have my buy signal:

geocities.com

main site:

geocities.com



To: Senator949 who wrote (49506)7/1/1998 7:24:00 PM
From: stock bull  Respond to of 176387
 
Robin, I'm sorry that I can't comment on your posting. I don't do much with charts other than give them a passing look see. I have never worked with candlestick charts.

However, Dell is having difficulty braking the 95 dollar level. I think that future grow of the stock will depend on the forthcoming earnings report and how its accepted by the street.

Stock Bull



To: Senator949 who wrote (49506)7/1/1998 10:02:00 PM
From: Dr. David Gleitman  Respond to of 176387
 
With all due respect to the stoicastics, either DELL is in a "resting phase" between making quantum leaps, or starting to demonstrate some "relative" weakness (now isn't that profound!?!).

My concern is that there is a lack of volume and lackluster incremental increases in it's valuation over the past several days, especially when you compare it to GTW (stellar performance of a 4 point increase). When looking at the 5 minute charts of DELL, there is a drop off in volume especially during the last 15 minutes of trading, when other tech stocks were increasing in valuation. This concerns me.




To: Senator949 who wrote (49506)7/3/1998 12:18:00 AM
From: jbn3  Read Replies (1) | Respond to of 176387
 
re "Shorting DELL"

Robin, (Obligatory Disclaimer: I am not a chartist, not a CandleStick Reader, and have never even owned an ouija board)

That said, I would NEVER advise anyone who is in a learning phase to start off by shorting DELL. At least one very experienced and knowledgeable investor who used to post here has lost millions shorting DELL if his posts about his position can be believed and he has not yet covered. One of my brokers tells me that he knows of at least one trading house which went under, among other reasons because they shorted DELL.

My advice is then... if you consider TA to be a valid instrument in your investment arsenal, then WAIT until your charts show it is time to buy DELL and do it. I most strongly recommend against shorting DELL at this time.

DELLish, 3