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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: LastShadow who wrote (8473)2/12/1999 4:14:00 PM
From: LastShadow  Read Replies (1) | Respond to of 43080
 
The selloff on Dell at close surprised me. After as long as it held above 91, I figured 90 was a safe level. Dropping below that to 89 7/8 x 89 15/16 could ripple through the other's in the sector, and then to the semi's and the value chain. I had seen a lot of large buys flashing on CPQ all morning, but few in the afternoon.

But, I expect with all thedown stocks there is gong to be some serious consideration about which ones are ripe for reenty come Tuesday, so I guess I have my work cut out for me. I will try to establish some minimum thresholds for the ones on the next watchlist, so that those staying above those levels would be buys in general.

have a safe weekand all!

lastshadow