The world’s largest PC-maker usually confounds its critics, skeptics and competitors. This is why Dell is a buy. The trend-line shown in the chart below clearly signals the support at current levels. Each time prices tested this support, Dell rebounded about 50% within six months. This has happened in December 2000, September 2001, July 2006 and lately. Our own market psychology barometer reading on 2008-01-23 was 35. There was no divergence, suggesting that Dell has a steady increasing percentage of hard-core bulls or long-term admirers. read more