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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (21382)11/13/1998 2:41:00 PM
From: IQBAL LATIF  Respond to of 50167
 
James notice that NDX has not participated in rally so far. It is stuck at 1466 -- even composite is not doing much although SP is up nicely however I will be watching for some buying in the leading stocks we had the best of rallies in NDX and if we need to move forward we need this going, BKX bounced off just a little shy from 725 I think you made a great call on BKX bounce, above 765 everything else may move so far it is a financial based rally on Brazil news probably//////// Dell needs to be given that room otherwise one can loose it for good I woud rather do it safely than just to loose the stock on the way down with some play for stops I think would do fine for me ofcourse I will not hesitate for a minute to get out if 1435 -1445 area is taken out......on NDX



To: James Strauss who wrote (21382)11/13/1998 3:00:00 PM
From: Jerry Olson  Read Replies (1) | Respond to of 50167
 
Jim

re: DELL..62-63 very good support based on P&F charts...lately the markets have sold the news on ALL top flight stocks, that were making 52 week highs...

this IMO is NOT unusual, but par for the course...another day of minor selling on lower volume, then i would jump on this rocket, after Tues 2'15....

if he cuts the markets will rally hard...DELL will fly back up again BIG...MER already upgraded the stock..and far beit for Mikey DELL to do an INTC 4th Q guidence thingy!!! get my drift???? he don't like his stock to get beat up<g>.....might announce another BIG stock buy back...lots of room on the upside...

of course if it breaks 62ish then we are in trouble...just a thought...

as for the NDX today between DELL YHOO and all the other major players down, it may be lower but not by much...

imagine when it all comes together and changes direction....