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


To: Venkie who wrote (106922)3/4/1999 10:19:00 AM
From: Jock Hutchinson  Read Replies (2) | Respond to of 176387
 
No, you get rich by paying careful attention to the market, determine your short, intermediate, and long-term strategies, and executing your strategies. Part of my strategy is to take short-term advantage by shorting stocks that are overvalued. This is precisely what I did with DELL, and it was a successful trade. And until this announcement, I was looking for another short opportunity with a potential bottom of 65. But as of this announcement, I do not feel that DELL is a worthwhile short candidate.

On the other hand, you don't get rich listening to supposed mystics who claim to have 1000% trading gains over five months, but whose actual records reveal at best a modest profit of 30 percent.