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


To: K. M. Strickler who wrote (56126)8/4/1998 10:13:00 PM
From: William King Wrignt  Read Replies (1) | Respond to of 176387
 
I am thankful that this correction is happening so quick. I will have a buying opportunity sooner. Probably with in one to two days. Dell is down a tad but there are some real bargains starting to form out there even if you by S&P Spyders.
wkw



To: K. M. Strickler who wrote (56126)8/4/1998 10:14:00 PM
From: Billy  Read Replies (4) | Respond to of 176387
 
One bearish indicator...

I want to see DELL make a pre-earnings run on 130 just as bad as anyone (my calls expire in 2+ weeks), BUT a little known, but reasonably reliable indicator flashed a sell signal on Friday, July 24th.

It's called the Titanic syndrome and you know where the ship went. It's signals a sell when the 10 day moving average of new lows exceeds the new highs within 7 trading days of a NEW DJIA high. It indicates extreme weakness of general market internals and a very narrow new high. It hasn't happened very often, but did in fall of 29 and August 87. Maybe "things are different this time", Ha !



To: K. M. Strickler who wrote (56126)8/5/1998 1:11:00 AM
From: Zeem  Respond to of 176387
 
-=OT=- K. M. Thanx! You don't think I try to talk above everyone, do you? (VBG)