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


To: Lucretius who wrote (102223)2/17/1999 10:36:00 PM
From: abraves  Read Replies (1) | Respond to of 176387
 
I don't doubt that could happen. (I think we have all been expecting a correction, maybe not as bad as you predict). Remember last Oct. all the MM's complaining about PE's, ADL, and breadth, and that only a few stocks were pushing the indexes up. That is what the market looked until a couple of weeks ago. What were the last stocks to fall and the first to come back with even higher PE's (DELL,CSCO, etc....)?? I remember last Oct. on this thread all the bears saying the end was here, and the whole time I was buying DELL in the 40's.

From watching the big block trades go by today, it looks to me like there is a line of people out the door and around the corner who missed the boat the first time, but are waiting for a chance to get in low (just like last Oct.). Just curious again, why do you think DELL did not go down as hard as some of the bears on thread thought ? (I heard 50's,60's yesterday.. I'm not saying the down side is all the way here yet)