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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: The Perfect Hedge who wrote (7618)9/23/1998 2:11:00 AM
From: Jorj X Mckie  Respond to of 34811
 
Hi Beebs,
I too, doubt that we will see 7000 again, 7600 maybe. But if the winds and the NYSE BP change, I will change too.

DELL, hmmmmm. Nope, I can't go long on DELL anymore than I can AMZN. Both good companies, but I believe with models that can be replicated. And therefore I believe that their valuation bubble will burst eventually. Of course, I won't buy puts on DELL, I understand that I would go broke doing that. But I know that the day that I would go long, is the day that the market would turn against it.

Tom