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

To: Moominoid who wrote (1641)	8/24/1998 9:14:00 PM
From: lin luo	Read Replies (1) \| Respond to of 2578

Comments on your CA analysis 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. You could be trapped. There is a sell signal ending on 26th June. There isn't a buy after this. There was a buy on 1 June. There are the local optimal points which can easily be seen by any indicators or just naked eyes. However, the crucial issue is that there is no support under the price at all .... That is the typical big, good US stock would behave. 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. Your theory only works for the "dead" stocks. Nothing could make them more "Dead", and waiting for them to bounce. 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. This is the problem! They could announce their problems before your sell-signal (Between June 1 and June 26). It depended on wether Charles Wang (the CEO) had a good/bad mood, or had a family problem, or the family had a problem with neighbors..... So what will you come up with next? Even though you did not tell me exactly what methods you used, your method can only apply to some real no-energy stocks (you country probably has a lot of them). That is why it might always give you false alarm to stock like DELL. Besides, you said before if someone pay you to do the analysis, you would run more tests. You know these stocks usually have very poor liquidity and no large funds to play them. The funds have many rules and regulations. Once you are the markets, the effects of your buy/sell will be totally different.