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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: dennis michael patterson who wrote (13644)8/3/1998 2:12:00 PM
From: Electric  Read Replies (1) | Respond to of 42787
 
Notice how AOL and CSCO are well off their highs going into earnings. Can we extrapolate from these stocks to Dell?

Keep in mind the overall market sentiment, and the fact that the NAZ is off about 10% or so.

A change in sentiment and these stocks are the generals leading the rally..

Also keep in mind timing.. If things reverse at all, it will be like giving the DELL stock a shot of caffeine as it is drinking a Diet Coke.. like you said DELL always rallys, but the difference between DELL and the others is that it has taken public steps to have a split ready to announce.. They are yelling to everyone that they are going to kick a#$ on earnings and announce a split.. There are more quiet ways to go about perparing you know. Plus I am not a huge fan of trading on past patterns, but DELL is one that is changing me.

I for one have full confidence that unless the market falls apart, DELL will be one that will not dissapoint, and can make new highs this month..

It is over 109 again.. If there is a strong 2 PM move, DELL might move up very strongly.. like 3 4 or 5... I wouldnt be shocked if it did (given the market doesnt sell off... lol)