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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Susan Saline who wrote (19999)	5/24/1999 2:33:00 PM
From: James Strauss	Read Replies (2) \| Respond to of 53068

DELL... Sue: Dan brings up a good point about how a stock reacts to news... Ultimately it's the price direction that really tells us what Investors/Traders really think... If the price direction and the news are in agreement, you have good confirmation... If they disagree, the price direction is the one I follow... In the case of DELL, it is slightly below its 200 day MA... MoneyFlow has been negative for three days prior to today... It looks like it is also negative today... Unless it can get itself above the 37.00 area, the MoneyFlow is hinting at a test of the 35.00 and 32.00 price areas... Jim