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

To: edamo who wrote (129968)	5/31/1999 12:55:00 PM
From: freeus	Read Replies (2) \| Respond to of 176387

TA or no TA my account is down 30% since April 26 and that's plain stupidity.I should have bailed at 10% down. Now I'm not sure what to do. TA would have had me out at a 8-10% loss because that's when my stocks began to show sell signals. Freeus

To: edamo who wrote (129968)	5/31/1999 2:26:00 PM
From: Woz	Respond to of 176387

No, not negating the power of TA. The fact is that there is enough of a following in TA that they create their own destiny. They believe a stock will sell off to X so they sell, and then the stock goes to X where they see support and buy, thereby creating their own support. What I was implying was that a stock is traded in a stock market and certainly other factors will influence its trading. In our case, I believe the DELL sold off more than it should because of the general market sell off...so I don't believe DELL will go to their low TA support of the 20's...unless the market continues to sell off.