SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Joe Sabatini who wrote (70938)10/9/1998 9:01:00 AM
From: Lucretius  Respond to of 176387
 
exactamundo



To: Joe Sabatini who wrote (70938)10/9/1998 9:18:00 AM
From: K. M. Strickler  Respond to of 176387
 
JS,

What about the 'LONG POSITION'? So it is down to $41! If you don't have to sell, it doesn't matter if it drops to $20! The fundamental manufacturing process that DELL uses is still intact and I haven't seen a reason to 'bail' yet. I bought my last at 45 13/16, before it dropped to ~$41, but it closed ~$48 and is predicted to gap up this morning. IMHO, the secret is to invest with money that you can afford to sit on while this market shakes out. Again, IMHO, the MoMos are shaking the weak hands, and buying in at these levels, a little at a time so as to keep the market at the low while loading up. The little investor is selling either at the bottom or just above feeling lucky to get out, and taking the position not to get in again. The MoMos are getting in, as are the institutional investors, and the market will rise! The little investor will watch 'on the sidelines' until convinced that the market is truly going up. Is that a 10 or 20 point rise that they will miss before they are convinced the recovery is real. If one is 'just trading' issues, selling one stock and buying another at these depressed prices, that may make some sense.

Have to wait and see how the market responds!

Regards,

Ken

PS - If you are options trading, the time may be now to make those predictions based on your experience. In my accounts, I can't do that yet, so I have no experience. Check to LoD or some of the others.



To: Joe Sabatini who wrote (70938)10/9/1998 9:19:00 AM
From: Moominoid  Respond to of 176387
 
The only theory I have to see the market going down is that Europe is rallying because of the UK interest rate cut. Well that could explain UK but not much else. Their currencies have gone up against the dollar which is deflationary...

This Tiger Investment thing isn't important I think. They haven't lost much of their capital. Bit like Soros losing $2 billion earlier in the year.

The Yen appreciation is bad news for the Japan situation - deflationary.



To: Joe Sabatini who wrote (70938)10/9/1998 9:21:00 AM
From: R. Martenson  Respond to of 176387
 
Still alot of room on the down side. In bull market psychology
estimates are rosy ( even when the ground is turning to quick sand),
and not until your chin starts going under do most investors
start to worry about their next breath. Real panic hasn't set in
yet, and neither has rational valuations for the current market conditions, ...watch gold stocks when they really take off, that is in my mind a signal we have a bottom in a panic market.

IMHO, that is when valuations will be overly pessimistic, prices will be much more risk adverse, and sanity will
once again be close at hand.

Good luck DELLers...and you fisty brokers.
P.S. have you called your small investors yet????



To: Joe Sabatini who wrote (70938)10/9/1998 9:22:00 AM
From: Sig  Respond to of 176387
 
<<< Rather than risk further downside, why not take a 5% profit now and sleep better tonight?>>>>
techstocks.com
Thats a viable option, but I prefer to hold a bit longer and take an 18,352 % profit(G)
Sig