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


To: Lucretius who wrote (1933)9/16/1998 12:47:00 AM
From: Jim Bautch  Read Replies (1) | Respond to of 2578
 
LT,

What makes you think Dell or other stocks are headed for a "Crash"???. My gut tells me the same, just based on the world events lately, Clinton's likely impeachment, and my limited knowledge of chart reading. I sold my long position today near the first set of interday highs and went short again at same time. I must say that I did not like the end of day strength in the market. I was expecting more weakness at end of day. What's your take on the Greenspan thing tomorrow??

Any move above 60 in Dell's share price could be strong. I'll be tempted to cover above 60 and change.

Also, what's your take on the recent low volume in Dell?? It may be that the latest upward movement in Dell's share price is insignificant based on the low volume.

Tico