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To: Investor2 who wrote (2962)	7/10/1998 1:10:00 AM
From: Bilow	Respond to of 86076

Maybe a better trailing stop on DELL would be about $2... I, like most traders, set my stops according to what kind of random noise the charts seem to have in the time horizon that I trade in. Since I daytrade, I look at the activity of the last few days. 10-day DELL chart: tscn.com Nice breakout for DELL. I went long this morning cause it kept moving up with the market makers chasing it. Usually stocks moving up leave vacant price levels behind them. When the market makers instantly move into those price levels and bid for the stock, it is a clue that the stock is (1) very safe to buy at the current price, cause if it turns you will have someone to sell your shares to. and (2) Very, very likely to continue higher. -- Carl