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


To: Frank E W who wrote (95548)2/6/1999 3:49:00 PM
From: tsyl  Read Replies (1) | Respond to of 176387
 
Dont get me wrong.... I love DELL. I never short DELL as some twisted threadsters claim to do.

But what makes you think that DELL will take off on Monday? If Dell was to take off, why not Friday.

Just listen to the "experts" whom are flaming a**holes. They say tech was 20% overpriced as of Tuesday am. Well, 10% has been ripped right off the top of most tech stocks in just four days. Regrettably, the selling wont come to an abrupt end Monday. General market direction is clearly down in the near term.

When things get soooo good that no one in the market is complaining - SELL, like I did Monday. Sold everything, went cash and short SP index.

Is the sell off bogus... you bet. Once again the DELL earnings run gets caught up in overall market problems. Will DELL test $96 again this week? Yes. But the overall conditions are too good for a major drop.

Fund managers have already made their year based on January profits. They sell, lock in their jobs for another year, and buy back the great stocks at even cheaper prices.

Good trading and go DELL! TS