NEW YORK ( TheStreet) -- If you're a current DELL (DELL) investor, last night's earnings release must have felt like putting the finishing touches on a 10-page report and getting the blue screen of death.Based on my experience with gap downs following earnings reports similar to Dell's, the odds favor Thursday or Friday marking the short-term low. It's not quite time to wish for a price above the closing before earnings of $15.05, but Dell does have strong support near $12. Friday or early next week will likely find bargain hunters picking up shares cheap to flip over. If Friday appears to be closing below Thursday's low, I may join with the bargain hunters for a quick hit-and-run weekend carryover.
Surviving Dell in an Apple World
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