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

To: Chuzzlewit who wrote (76792)	11/5/1998 8:24:00 PM
From: On the QT	Read Replies (1) \| Respond to of 176387

OT-OT-OT Chuzz:QT, perhaps I did not make myself clear in my previous post. The point behind my remarks is that one cannot divine whether a stock is being accumulated by certain investors indirectly. O'Neil is fond of making all kinds of outrageous claims, including this accumulation/distribution metric which is a proprietary method to discern something that is by nature unverifiable. The fact that it is not in the public domain precludes serious discussion of what, if anything, it measures. All we have is his word for it. I think a healthy amount of skepticism is called for whenever TA statistics are trotted out, and this one is no different. IBD: " Whether you are a novice or experienced investor, IBD is the only source of financial information based on an on-going 45 year study of the greatest stock market winners (stocks that doubled or tripled or more in price within any one year period). A close analysis of all fundamental and technical factors revealed certain critical characteristics which appeared again and again from 1954 to today. Those common characteristics are the basis for the proprietary ratings found in IBD (as defined below). Those can not be found in the Wall Street Journal or any other publication or service. For best results use all 5 of the IBD SmartSelect ratings of 80 80 BBB or higher may be prospects for further investigation. Additionally, those which rate 90 90 AAA might be even better prospects. Use of a chart service can help in the timing of buy and sell decisions". TQ: My response to Freeus initial post to me and your questions prior to this post from you, stand. I don't know whether or not you understand what Investors Business Daily is offering. If you do and do not feel you will benefit from the information, I respect that. You have a problem with William O'Neil truthfulness. I don't know if I understand what that is all about and I have no way of addressing that. Chuzz: Additionally, the presumption is somehow that institutional ownership is a positive influence on stock prices. I don't know of any study that shows this, but as I recall, there are lots of studies that show that mutual funds taken as a whole tend to under perform the market. TQ: It is my understanding that Institutional ownership or ‘disownership' or disinterest in a stock can influence the moment of a stock. Company selecting is a process that can to a large degree be verified fundamentally, but not completely. The use of information and the value placed on that information is subjective. The company and the stock price is not always in perfect alignment. Some contend that unless there is to some degree sponsorship from professionals, the likelihood of positive stock moment is diminished. Some say the removal of such sponsorship can cause the stock price to go down. Conversely, favorable professional interest can cause the stock to rise. I am in agreement with those that share that opinion and think it probably is right most of the time. Studies indicate that the S&P index will probably outperform about 80-85% of Fund managers over a period of time. On the other hand, if you subscribe to the Wall Street Journal check out tomorrow's edition when you get it in the morning. You should see an interesting article about a Fund Manager who using Small Cap stocks did very well against the S&P (part of the 15%-20%). Your attitude towards TA is clear to me. You have very strong opinions regarding the value of TA. As for me I am not sure that I share as strongly the conclusions(?) you have or if indeed you have in effect closed the door on its value. I am not even sure that I understand whether it is a certain area of TA or TA in general that evokes the long sharp claws of our resident pussycat! Perhaps you are right in that a serious discussion cannot be made because of the proprietary nature of IBD's ratings. Maybe at another time on this thread or perhaps more appropriately on a different thread or via PM,we can if you wish, pursue any or all aspects of this discussion. If not, we will find something else of mutual value that we can share on this thread. Meantime, any thoughts on Dell? Regards, QT \|