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Technology Stocks : DELL TA ONLY
DELL 55.64+1.1%Nov 15 4:02 PM EST

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To: Jeffrey E. Klein who wrote (198)1/30/1999 11:24:00 AM
From: E. Davies   of 202
 
At some level I am amazed myself at how accurate that post is turning out to be. On the other hand its really only DELL that is so amazing because it is so predictable long term.
DELL 200 by June seems a lot more easy to imagine now than when I made that prediction with DELL at 66.
Very short term I think that DELL is overbought as it has risen well over its moving averages. At some level I hope that it is overbought because I made the mistake of selling Feb 95 calls against my position last week when DELL was below 80, and sold my trading shares @90.
I guess maybe "never sell dell" applies even to way out of the money covered calls.
Time to "buy more dell".
Eric
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