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

To: Dennis J Baltz who wrote (76932)	11/6/1998 7:47:00 PM
From: Kayaker	Respond to of 176387

Dennis, here's the other side… "The Dow has traveled roughly 1,500 points since early October and we're still seeing very high levels of put option buying," said Ralph Bloch, chief market analyst at Raymond James & Associates Inc. The put-to-call option ratio is one of Bloch's pet indicators of market direction. A high ratio is indicative of a very bearish stance among options players and usually leads to higher stock prices. "The OEX put-to-call option ratio reached an exceptionally high level of 306 percent at noon ET Thursday," he noted. "And it's high again Friday. These numbers are obviously a plus for the market and indicate to us that any market pullback ought to be shallow and short-lived." cbs.marketwatch.com

To: Dennis J Baltz who wrote (76932)	11/6/1998 8:14:00 PM
From: HiSpeed	Respond to of 176387

The H&S pattern is almost a stretch; however, we do have the right shoulder forming if dell slip to 50s next week from here. Otherwise, 64 could be ST support.