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


To: Jock Hutchinson who wrote (82639)11/28/1998 4:01:00 PM
From: Dalin  Respond to of 176387
 
If I thought that the chart was telling me the stock has topped out, I'd have to check with my tarot cards also.
A chart is not going to tell you the future of a company , only the past. Don't get me wrong. I do look at charts. But I do not believe it is the only indicator of the future.
Fundamentals like earnings growth, etc. are the way to tell what a stock will do. What I see from Dells chart is that the market knows nothing is going to happen to Dell till mid Dec. The Internut stocks are hot now, why would anyone buy Dell. A couple more weeks of this and the hype will be over(at least for awhile) and the market will start looking forward to Dells earnings report. They will pay attention to Intels report and the like and then look forward to Dells. And up will go the stock. This is obviously JMO, we'll see!!! IF I SOUND LIKE I"M RAMBLIN, SORRY. Its the affects of ONSL, BAMM, MALL and AWEB. Must be altitude sickness!!!!

Regards

D.



To: Jock Hutchinson who wrote (82639)11/28/1998 5:39:00 PM
From: Mike Allen  Respond to of 176387
 
Dell's chart. More upside to come.
How can anyone look at Dell's chart and see that it has topped? If you look back for a year, two years or longer, you can quickly spot that it is doing the same thing now that it has over and over during it's climb. After pushing into new territory, it has always fallen back a little, and consolidated. This platform has always led to new sustainable highs. Looking at the chart of the last year, I see each of the other dips looking almost exactly like this one, and remember the new Dell bear's predictions of doom. Dell will start edging up soon and will gather momentum once again without warning. I expect in a few months Dell will drop down into the 70's and these bear arguments will surface again. Good luck on trades, Mike.



To: Jock Hutchinson who wrote (82639)11/28/1998 5:40:00 PM
From: Mike Allen  Respond to of 176387
 
Dell's chart. More upside to come.
How can anyone look at Dell's chart and see that it has topped? If you look back for a year, two years or longer, you can quickly spot that it is doing the same thing now that it has over and over during it's climb. After pushing into new territory, it has always fallen back a little, and consolidated. This platform has always led to new sustainable highs. Looking at the chart of the last year, I see each analagouse dip looking almost exactly like this one, and remember the new Dell bear's predictions of doom. Dell will start edging up soon and will gather momentum once again without warning. I expect in a few months Dell will drop down into the 70's and these bear arguments will surface again. Good luck on trades, Mike.



To: Jock Hutchinson who wrote (82639)11/29/1998 1:04:00 PM
From: stock bull  Respond to of 176387
 
Jock, re:<<If this isn't a chart of a stock whose price has topped out, I don't know what is. The party is over. There is no valid reason why Dell should have tripled this past year:>> Would you mind sharing the logic that's behind the statement that you posted? I looked at the chart and don't see what you are talking about. The chart looked strong to me. What am I overlooking?

Stock Bull