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


To: William F. Wager, Jr. who wrote (109444)3/14/1999 10:39:00 AM
From: Augustus Gloop  Read Replies (2) | Respond to of 176387
 
Would someone be so kind as to post the globex & futures link for me. My CPU crashed and I lost all my links.

Thank you in advance.



To: William F. Wager, Jr. who wrote (109444)3/14/1999 10:54:00 AM
From: Vol  Respond to of 176387
 
Re: TA from MarketEdge (3/15/99)[please don't shoot the messenger]---->

OK, bill, here is your Kevlar vest.

Moving Average Convergence/Divergence (MACD) indicates a BEARISH TREND. Chart pattern indicates a POSSIBLE TREND REVERSAL

Sounds positive to me: bearish trend with trend reversal

Relative Strength is BULLISH

ok, positive

Up/Down volume pattern indicates that the stock is under DISTRIBUTION

makes sense, a bearish trend goes with distribution (the only negative point here)

The 50 day MOVING AVERAGE is rising which is BULLISH
The 200 day MOVING AVERAGE is rising which is BULLISH


both definitely positive. So we have 4 out of 5 TA specs saying the DELL is heading for better days. Therefore the conclusion is:

RECOMMENDATION

STOCK SHOWS STRONGLY DETERIORATING CONDITIONS SCORE = -3
IF YOU ARE LONG; CLOSE POSITION OR MONITOR STOCK CLOSELY
STOCK IS NOT A SHORT SALE CANDIDATE


No wonder so few put any trust in TA, and even fewer benefit from it.

Vol

P.S. Can I have my vest back?



To: William F. Wager, Jr. who wrote (109444)3/15/1999 12:27:00 AM
From: Devil's Advocate  Respond to of 176387
 
How about astrology???

I can't believe that people still believe in TA. BTW, I will stick to my opinion on TA even if someone post bullish TA on DELL.

Let me be real clear. TA does not work. Don't lose your time with it.