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


To: D.J.Smyth who wrote (72654)10/16/1998 3:58:00 PM
From: Paul Merriwether  Read Replies (2) | Respond to of 176387
 
<<

i understand your point, but too many bulls does not necessarily mean that demand
for an item is any less.
>>

The contrarian argument would be that everyone who was bullish about dell already has dell stock. Therefore, therefore there is no reason for dell's stock price to increase.
On the other hand, if the bull/bear ratio was closer to one, the stock price could increase significantly when the bears capitulated.