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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Moominoid who wrote (2064)	12/16/1998 6:06:00 PM
From: Dell-icious	Read Replies (2) \| Respond to of 99985

On July 20 (previous market top) Nasdaq topped at 2015, DELL was at 58 or so (split adjusted). Nasdaq is about the same now, DELL is about 10% higher. True DELL has been going sideways for the past few weeks, but consolidation after a big run up is expected. And there is options expiration, with DELL strongly favored to close at 65, as I have pointed out earlier on the DELL thread. I expect DELL to break out soon, possibly as early as next week, and definitely by mid-January. (Although the timing depends on Iraq, impeachment, etc). Dell-icious