Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Lee who wrote (111209)	3/23/1999 3:31:00 PM
From: Finder	Read Replies (2) \| Respond to of 176387

Faber just reported that Nations Bank Robiie Stephens said negative things at about 2:30 which spiked afternoon selloff in dell.

To: Lee who wrote (111209)	3/23/1999 4:23:00 PM
From: Paul Merriwether	Read Replies (1) \| Respond to of 176387

The Overbought/Oversold ("OB/OS") indicator is a market breadth indicator based on the smoothed difference between advancing and declining issues. If you use the above definition, how can one say that "dell is oversold" since its an individual stock. The above definition applies to market, or atleast a basket of stocks. I am not trying to be picky here, I honestly want to know why people think an individual stock is "oversold". I am agnostic on TA but think that if enough people believe in TA they can move the market.