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


To: Wes Stevens who wrote (11659)3/22/1999 10:52:00 PM
From: Trader J  Respond to of 56535
 
Wes: DELL - I agree. I think it will open weak but I don't expect it to stay there for long unless the NAS plummets. The advance decline line is starting to worry me more, very negative. If not for a few of the stellare Inets today I think we see a downside on the NAS of 50-60 today minimum.

As far as DELL goes, the analysts haven't beat them up this bad in quite awhile, perhaps the tide is changing on DELL. I think personally that it still has plenty of life left, but caution should be exercised here.

Tj