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Technology Stocks : DELL Bear Thread -- Ignore unavailable to you. Want to Upgrade?

To: Moominoid who wrote (2249)11/3/1998 11:11:00 PM
From: Marq Spencer  Read Replies (4) | Respond to of 2578
 
David,
Things look really ugly for Dell. Check out the following:

iqc.com

Notice that this is first time Dell has not been able to punch through the previous high. Also, the volume has been drying up on the run-up. The tremendously high volumes on the two previous valleys are also noticeable. I think that we're going to see a low of $36 in the next few weeks (which is 45+% off from yesterday's high). And if that fails, Dell has a really serious problem.

- Brian.



To: Moominoid who wrote (2249)11/4/1998 6:36:00 PM
From: larry  Read Replies (3) | Respond to of 2578
 
DELL is charging through 75 in the next two weeks. This is written all over on the chart.

BTW, DELL won't see 40s before the next split, which should happen by the end of 1999. If anyone is counting on DELL to drop to 30s within the next several weeks, hehehe, well, good luck to all put buyers, I am eating all your premiums.

good luck,
larry!


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