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Technology Stocks : DELL Bear Thread -- Ignore unavailable to you. Want to Upgrade?


To: Hal Rubel who wrote (1495)8/15/1998 2:38:00 PM
From: Lucretius  Read Replies (1) | Respond to of 2578
 
Yes, I think so. You will likely IMO be able to stay short for YEARS by shorting this POS at this level. My scenario calls for DELL top for the L-T either after hitting a new high next week and completeing its parabolic move assuming earnings meet estimates, or the highs may have already been seen if there is something bad in DELL's earnings release. I am not favoring either scenario at the moment because I have no idea which will occur, the L-T story is, however, that DELL has put in a top. I have been aggressively buying more puts at this level.

-Lucretius