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Technology Stocks : DELL TA ONLY -- Ignore unavailable to you. Want to Upgrade?

To: JRI who wrote (127)11/16/1998 3:08:00 PM
From: Lee  Read Replies (1) | Respond to of 202
 
Hi John,..Re:. Dell is trading down on low volume..

Just heard CNBC say whole market is low volume today. From a TA standpoint, this could be consolidation?

Regards,

Lee



To: JRI who wrote (127)11/16/1998 3:12:00 PM
From: TREND1  Respond to of 202
 
John
What you say is true, but do not forget that DELL has a big
brother......NASDAQ.

Even DELL must stay within calling distance of Nasdaq (g)

Larry Dudash



To: JRI who wrote (127)11/17/1998 2:12:00 AM
From: Moominoid  Respond to of 202
 
The volume is very similar to the same stage in the September-Oct decline which tunred out to be the deepest so far this year. Volume only picked up at the bottom.

Aug-Sep was particularly fast on high volume. Jul slightly higher volume and slower and shallower.

In sum I don't see it necessarily as a good sign. Low vol means fewer people think DELL is a bargain here.

David


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