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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Vicrobi who wrote (2051)12/14/1998 3:40:00 PM
From: j.o.  Read Replies (1) | Respond to of 56535
 
Congrats Vicki!
Can't help thinking you would be even more pleased in the future if you got rid of the rest. Those are great stocks and have been extraordinary picks. But I can't say that I have heard anyone come up with good reasons to buy Dell at these levels - especially when one considers where it has been just 1-2 month ago.

Momentum seems to be turning down dramatically, and those darlings will get hit badly. This market has shown that it is in a mood to trend strongly over 1-2 months, and I think that the bull has gone into hiding.

Any other views on the overall mkt. picture? I could be hugely wrong, but it looks garbage.