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

To: JB Wings who wrote (62187)	8/30/1998 8:40:00 AM
From: stockman_scott	Read Replies (1) \| Respond to of 176387

Insight from one of the largest hedge fund managers: George Soros' Chief Trader and right hand man directs investing for their $20 Billion of funds. Mr. Druckenmiller was on CNBC's Street Signs last week. Even though the funds often invest in foreign currencies and in risky economies like Russia, Stanley Druckenmiller made a few very interesting comments. I wish I had 1/10th of his resources since I know which stock I would like to own in a bigger way!! Here is a key comment he made a few days ago: Stan Druckenmiller(CNBC):..."Breadth to me is a lagging indicator on an intermediate basis, it may not be on a long term basis. I think breadth deteriorated for I think 12 years before the last top and it did make a new high in April, so its not inconceivable we could make another new high. I do think , unlike the consensus which seems to want to buy small cap value stocks, I do think the rally and I do think there will be a substantial rally, I think the rally will be led by the large caps, the ones that are so called overvalued."...... ...Hmmmmm.....He seems to be saying that large cap tech stocks stocks like DELL (which everyone often says is overvalued) will lead a substantial rally. I think I would have to agree. Sometimes it is nice to try to get inside of the minds of those who control ALOT of money. Go to the following link and you can read the complete CNBC interview with Stan Druckenmiller: cnbc.com It sure is a great time to be Long on DELL for the Long Run. -Scott