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.

Pastimes : CNBC -- critique. -- Ignore unavailable to you. Want to Upgrade?

To: lazarre who wrote (2710)	5/24/1999 6:22:00 PM
From: Ian@SI	Read Replies (1) \| Respond to of 17683

Not to fret, Lazarre, All day today, Faber has been whining that for the first time in 3 years, Dell is trading below its 200 DMA. I never realized that April, 1999 was more than 3 years ago. Either I need to learn arithmetic. Or Faber needs new glasses to look at a chart with. CNBC isn't perfect; but they never apologize for giving false information neither. FWIW, Ian P.S. In the last 3 years, any time Dell approached its 200 DMA was an outstanding time to load up. In the last 5 years the only time Dell broke through its 200 DMA was Jan 96 and it stayed near it until March, 96. Price then was about $4 split adjusted. Anybody buying at the time it went through its 200 DMA in 1996 would have a 9 bagger as of close today.