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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: dennis michael patterson who wrote (14861)8/23/1998 1:59:00 PM
From: The Perfect Hedge  Read Replies (1) | Respond to of 42787
 
What about the split coming up.DELL has always run up before splits.
I think DELL didn't come back on Fri because of options exp...keeping it in between 115 and 120 was more profitable to the boys on the floor....IMO...

B



To: dennis michael patterson who wrote (14861)8/23/1998 2:01:00 PM
From: Electric  Read Replies (3) | Respond to of 42787
 
Dennis,

207.95.154.130

It really matters what chart you look at. I looked at 3 day, 5 day and then the one I posted...

The 3 and 5 days really looked ugly, like very very ugly..

I think that DELL will follow the market with the beta that it has, so if the market is positive, DELL could recouple the 4 points it lost in 1 trading session, if the market is down, it might refill that gap up it had.

Keep in mind that DELL can move Stochs and Momentum in minutes.. just look at the 15 minute chart here..

207.95.154.130

It goes from Stochs of 80 to 20 to 80 to 20 fast!!!

So these indicators are relative, and keep in mind that DELL has a great forward look too, plus the great earnings and split comming.

I have great faith in the stock, but am cautious as you are..