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

To: dennis michael patterson who wrote (101178)	2/16/1999 8:41:00 PM
From: Jerry Olson	Read Replies (1) \| Respond to of 176387

Hello Dennis... DELL gave an "ALERT" on P&F..Negative Breakout & Negative Momentum over a week ago...the sector is in a Bull Correction at 46% and heading lower.. the stock has made 2 consecutive lower highs at 104 & 102 inbetween down moves...it has given 2 sell signals at 97 & 92...1st support was 82 & 75 next support is solid... if 75 holds tomr...and the market doesn't tank 100 to 150 points, i'm talking the NAZ...we should get a 50% reversal at some point...my near term problem is where does the stock settle... if we break 75 hard, i'll have to re-evaluate then... with the sector correcting/ the markets selling off, and the stock running down hard, the bottom will very difficult to ascertain till the dust settles... remember the markets overreact to everything...stay fast & loose here...this senario is far from over...one day won't make the difference...there's already technical damage to the stock.....