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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: donald sew who wrote (56230)10/24/1998 11:15:00 PM
From: Moominoid  Read Replies (1) | Respond to of 58727
 
DELL continues to follow the pattern set by a stock called "Air Reduction" in the 29 crash. Currently following that chart we are in the B wave by the Elliott Wave Analysis (I am very weak on that method don't trust it but sometimes it makes sense). That would lead to a new high soon and then the crash to lower lows.

Of course there is no reason why it should continue to follow this pattern. I will though be waiting to short it when it peaks again.

David