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


To: Boplicity who wrote (55555)7/31/1998 4:33:00 PM
From: Frank Ellis Morris  Read Replies (1) | Respond to of 176387
 
Greg and All,

The sell off today completely wipes out yesterday's gain and then some. The radical movements in the financial markets is suggesting that we have been seriously harmed by the Greenspan address a couple weeks ago where he said that the market was going to have a serious correction.

Do you think that this is end of the month window dressing or the fact that the market is overwhelmed with fear since Greenspan provoked the sell off. Do you think that the country should demand he be brought up on charges of wreckless tampering with financial markets and be asked to resign??? I have talked to many people who feel that Greenspan is lawless, manipulative and out of control.

Frank



To: Boplicity who wrote (55555)8/1/1998 3:55:00 PM
From: Sig  Read Replies (2) | Respond to of 176387
 
Greg:
<<<<I hope monday is the blow off. So, should we call this end of the month window dressing??? So if August is sideways to down is fall going to very bad like it has in the past? >>>>>
IMO we've had the blow-off. July tank equivalent to last Oct tanking. Been there, done that. Expect Dow to oscillate between 8800 and 9100 for several months before it moves up again to a new level
Dell can do well in this environment.
<<<< I repeat. Dow 8600, DELL low 90s, LU 85 (lu should
hit 85 Thursday I was wrong about this), CSCO 88, AOL low 90s ????>>>>
Dell minimum is 100, AOL also. There is too much money loose out there, and present owners won't want to sell and miss the potential in these two.
We need worse bear talk than recent to reach 8600. Mr.C on the 17 th will plead not guilty, as he knows there is no way those randy old devils in Congress will vote to impeach on such ridiculous? charges, even if they get the chance to. Think of what it would do to their own portfolios!!!!!
I understand that "lawyer", in Canada. is pronounced "liar"
Good luck
Sig