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


To: put2rich who wrote (2276)11/11/1998 6:46:00 PM
From: Moominoid  Respond to of 2578
 
Why do you think DELL earnings will slow down? I think they will meet forecast + 0-2c and then a bunch of speculators will dump the stock anyway. I'm thinking of re-establishing a small position before the close Thursday and then increase it or cover depending on what happens.

In the August cycle DELL went up strongly after a very similar close to today:

iqc.com

Looks like there could be a small symmetrical triangle on the hourly chart at the end which would be a consolidation pattern? Anyone confirm or refute that?

So the bottom line is I expect another strong day for DELL.

David



To: put2rich who wrote (2276)11/11/1998 8:03:00 PM
From: Lucretius  Read Replies (1) | Respond to of 2578
 
gotta hate it when you open at the high of the day on great INTC news then drop. (G)

I think they'll hit the number, then drop like a rock.