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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Triffin who wrote (11121)3/11/1999 9:51:00 PM
From: SteveDavis  Read Replies (1) | Respond to of 56535
 
ALL,

DELL Bounced off of 40 1/4 to close at 41 7/8. This should be an excellent entry point or am I too early? I would think ORCL and MFST will be discounted within 15 minutes of opening. Any one that bails out now has to hope that eveyone else bails also or he will have a higher re-entry point. I don't believe that the comments by Ralph Acompora will be taken lightly by institutional investors. They got left at the gate in October and if he really thinks the DOW is headed for 11500 by summer the money guys will pile in like we have never seen before.

Would welcome comments or observations.
Thanks
Steve Davis