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

To: Venkie who wrote (121075)	4/29/1999 6:03:00 AM
From: stockycd	Respond to of 176387

VENKIE, I understand where you are coming from. Sometimes fundamental (or external) events sort of negates TA. That said, I use 4 indicators to trade DELL. They are too complicated to go into but aside from them, take a look at a daily semi-log DELL chart. Notice a peak around the first of February and another around the middle of APRIL. Draw a straight line connecting them and extend it downward and to the right. Now, the peak we made a couple of days ago--the highs came very near that line, no? The probability was that we would reverse or at least stumble at that line. It's all just probability. I admire the buy and hold guys. You must have nerves of steel. Well, enough of my babble. It's been nice talking to you and I think we agree on one point, TA or no TA, if you've been holding DELL for the last few years, you got a LOT more than you started with.<gg> Chris