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


To: Venkie who wrote (123999)5/12/1999 9:30:00 AM
From: Boplicity  Read Replies (1) | Respond to of 176387
 
You are welcome. Charts are NOT the end all to be all, they are like looking in the rear view mirror to see forward, market and sector feel and knowledge, throw in a little faith in the American system, are by far the best tools to make money in the market. IMHO Buy O'Neals CANSLIM book, easy read, nice place to start.

Greg



To: Venkie who wrote (123999)5/12/1999 9:58:00 PM
From: Bandit19  Respond to of 176387
 
Donnie,
Re: I think I will try to learn more about charts and Ta.
Here's what John Murphy has to say about DELL currently.

DELL FINDING SUPPORT Dell Computer (DELL) peaked at 55 in February and has since lost 20 points (36%). That's the bad news. The good news is that DELL has found new support along its 200-day moving average near 35, and has bounced off that support level twice since March. The stock has moved up to 43 (it had the heaviest volume on the Nasdaq on Monday) and looks like it may be bottoming. The chart shows a peak at 45 ¾ (the first resistance level) coinciding with a down trendline going back to February. A close above that level would be a bullish development.

Lets GO DELL!!
Steve