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

To: lin luo who wrote (1635)	8/24/1998 1:28:00 AM
From: Moominoid	Respond to of 2578

Did you get anything for CA (Computer Associates)? I never looked at it.

To: lin luo who wrote (1635)	8/24/1998 3:13:00 AM
From: Moominoid	Read Replies (1) \| Respond to of 2578

I've done the analysis of CA. On the 20th July it shows a very weak local maximum and the price did fall the next day (21st) a little. No there isn't any massive sell signal there. There is a sell signal ending on 26th June. There isn't a buy after this. There was a buy on 1 June. However, the crucial issue is that there is no support under the price at all - the first strong signals of a minimum are on the 27th July. The strongest signal of the minimum is on the 3rd August. I propose that if there had been strong support in this theory then the news wouldn't have resulted in quite such a massive sell off on the first day. Instead there would have been a more gradual slide. If you had used my method you wouldn't have been in CA when the crash occurred and the crash doesn't contradict my theory. So what will you come up with next?