Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: stock bull who wrote (56421)	8/5/1998 4:46:00 PM
From: chief	Read Replies (2) \| Respond to of 176387

Maybe the bottom was 98 or so. We hit bottom and bounced back...now to run-up before earnings...GO DELL GO

To: stock bull who wrote (56421)	8/5/1998 4:53:00 PM
From: SecularBull	Read Replies (2) \| Respond to of 176387

I pulled up the charts of several stocks I follow, and you can almost overlay most of them. Although DELL's decline was greater, the chart looked a lot like MSFT, KO, & PG's did today. I can't explain the drop, except to say that the proportion of it shook-out the fear in my mind. It may be some sort of MM manipulation to drive the price down by selling it down, and then jumping in to cover their shorts going into August expiration. In fact, the more I think about it, that's exactly what I think it was. It appears that the MMs moved into the market in the last 40 minutes and went on a bargain hunting buying spree. Huge volume! I see this as a most positive sign for the stock.