SI
SI
discoversearch

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: Ian@SI who wrote (2713)5/24/1999 7:27:00 PM
From: capitalistbeatnik  Read Replies (2) | Respond to of 17683
 
CNBC needs to tell their sponsors to get some fresh commercials.

I'm sick of the Dad who struggles to remember to call his little daughter with the thunder and the overwrought ballad in the background and the gal who manages her time down to the dime and loses her papers near the swimming pool. Who does this appeal to?



To: Ian@SI who wrote (2713)5/24/1999 9:42:00 PM
From: Thomas M.  Respond to of 17683
 
You misquoted Faber. He said that DELL did not close below its 200 dma, not that it did not trade below it. Regardless, neither happened:

quote.yahoo.com

And, a closeup on April: quote.yahoo.com



To: Ian@SI who wrote (2713)5/24/1999 10:29:00 PM
From: Gorak Shep  Respond to of 17683
 
You seem to be confusing 50DMA with 200DMA when you say, " It did trade below it intraday 10/8/98 but closed solidly above it that day."

Not so as Tom also demonstrated. On 10/8/98, the 50 DMA for DELL was 28 7/8, the 200 DMA was 20 15/16, the low for the day was 20 3/8 (below the 200 DMA), and the close was 24 1/4 (above the 200 DMA). That is the most recent time until today that DELL has traded intraday below its 200 DMA and it hasn't closed below the 200 DMA in more than 3 years as David Faber stated.