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


To: jimleon who wrote (59374)8/19/1998 5:42:00 AM
From: JPR  Read Replies (1) | Respond to of 176388
 
Jimelon:

This will be a TA breakout.

DELL defies TA
TAs are breaking out in a rash going by yesterday's price action.
Read the following TA prognostication from yesterday's price.This bears evidence that TA is not always right. We all know that today it will be Gap up. But TA says otherwise. Chuzz is right.TA is....

DELL COMPUTER is currently 56.5% above its 200-period moving average and is in an downward trend. Volatility is low as compared to the average volatility over the last 10 periods. Our volume indicators reflect volume flowing into and out of DELL at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bearish on DELL and have had this outlook for the last 5 periods.

Chuzz: You may be right after all. I know what you are going to say.
JPR




To: jimleon who wrote (59374)8/19/1998 11:28:00 AM
From: Chuzzlewit  Read Replies (1) | Respond to of 176388
 
Good morning Jim,

No doubt the TA'ers will demonstrate with suitable graphs and bands and moving averages that they foresaw this all along.

What I've noticed is that TAers break out whenever stocks seem to head south for more than a few days-- kind of like mushrooms after a rain. Maybe I'll invent a TA alert metric -- something designed to predict the appearance of TAers on a thread.

TTFN,
CTC