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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: shasta23 who wrote (17920)	10/8/1998 11:29:00 AM
From: Clint E.	Read Replies (1) \| Respond to of 69759

>>>Wish i had your confidence!CSCO not up anymore and DELL going down again Have patience, Stefan. Intraday-wise, we were not oversold and spikes and double/triple bottoms are common. Today's close is the most single important factor to watch. If we don't close well off of today's lows, there is more trouble ahead in the near term. Otherwise, today's lows could hold for a couple of weeks(msft earnings). >>BTW what's your take on DElL. That support around 50 just disappeared. QUO VADIS,DELL? Yes. DELL has been the weakest of the big five. It could make a run for 53-54(doubt it) by the time msft reports but that is time to sell. I think the party is over for now. Good luck; Clint