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Dell Computer Corporation (DELL) Message Board

  • dmpstrdiver dmpstrdiver Jan 19, 1998 8:32 AM Flag

    Volume is drying up!

    I'll have to admit Dell has been on one hell of a roll the last week---its momentum is to the upside and we should see
    followthru of advancing prices this week. The problem is..... as Dell has been advancing its volume has been shrinking ( 4 of the last
    sessions have resulted consecutive decreasing volume) This is a sure tipoff that demand is starting to diminish--- shares traded
    should increase while a security is making a substantial move up, not decrease. Volume usually preceedes price....Dell shares may
    be getting a little tired and are getting ready for a pause to refresh. The stock could take as much as a $10 hit in the next 4