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


To: freeus who wrote (72750)10/17/1998 12:12:00 PM
From: Dennis J Baltz  Read Replies (5) | Respond to of 176387
 
Hi Freeus

I'm having bad feelings about Dell in the short term. For Dell to drop when Uncle Al cut rates by 25 basis points is unnerving to say the least. I think we are in for another major downturn before christmas. So I'm thinking about going cash in my IRA accounts and selling short for the Jan99 timeframe in my personal accounts.

Dell just has to much downward pressure right now. I was hoping for a Nov earnings bump but the next week or two looks down.

Dennis

thought for the day,
"Any person who gives up constitutional rights in return for security, deserves neither"