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: Moominoid who wrote (57773)	8/12/1998 9:15:00 AM
From: jbn3	Read Replies (4) \| Respond to of 176387

David, You watch the NASDAQ go down ~50 points and DELL drops 4. DELL is down 11 points from its high (~117) on July 17th. Then you state: You are right - there won't be one. You bulls ran it up a month ago and then it came down again. There is absolutely nothing holding up DELL's price now (at least that's what my TA says). I would caution you about using TA without understanding the stock; and I'm being kind. Some folks on this thread might equate your TA with reading tea leaves, or chicken entrails. But, whatever floats your boat... I think if you go back and look at DELL's price history immediately prior to earnings announcements, you will find a statistically significant correlation of price increase. I agree that the market is a bit uncertain at the moment. But I ask you: where else are you currently as likely to at least maintain your capital, with a strong likelihood of a significant increase in the next 6 weeks? I think that a major segment of the market realizes this. If you were a money manager with umpteen $million to invest right now, where would you put it? My advice to you and other shorts... If your short position shows profit, take it! If you feel you just have to short this stock, wait until earnings and short it again higher. You'll sleep a lot better, and you'll need a lot less ulcer medication. JMHO. The buy and hold investors don't need the advice. The picture is good and getting better! As for management not making positive comments, I'm fairly sure that we find ourselves in the "quiet period". DELLish, 3.