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

To: Craig Schilling who wrote (62566)8/31/1998 4:00:00 PM
From: Prof  Read Replies (1) | Respond to of 176387
 
<<Dell is heading for 200 day moving average ($74). Don't try and catch a falling knife>>

I'm not a TA type - and I don't want to start an argument - but it seems to me that common sense would indicate that the charts don't mean sh*t in a market like this (and FA doesn't mean too much either, obviously). Of course it appears to be moving toward the 200 MA - the damn stock is down 18 points.

Just my .02,

Prof



To: Craig Schilling who wrote (62566)8/31/1998 4:27:00 PM
From: Mohan Marette  Read Replies (2) | Respond to of 176387
 
What winners? You mean you got winners?<vbg><eom>



To: Craig Schilling who wrote (62566)8/31/1998 4:49:00 PM
From: Olu Emuleomo  Read Replies (1) | Respond to of 176387
 
Dell is heading for 200 day moving average ($74). Don't try and catch a falling knife. This baby
is going to sell off as margin calls get ugly over the next couple of days and people have to sell
winners to meet the calls.

That's right! But the 200day is at $79.
I'll cover there!

--Olu E.


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