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Strategies & Market Trends : Tech Stock Options

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To: The Jedi who wrote (33984)1/24/1998 5:25:00 AM
From: donald sew  Read Replies (1) of 58727
 
Kiri,

I noticed with the OSX that it was actually positive early in the mornig yesterday after the strong words by the analysts, although it did drop more.

Per my technicals it is now a CLASS 2 BUY (not CLASS 1), therefore do not feel it will set lower lows, of course unless the whole market dumps.

Mathematically, I attempted to correlate the price of fuel as a barometer for the OILS to break their support. I did attempt to exponentially extrapulate it, and concluded thru my calcualtions that if the XOI were to break their support at this specific time(next few days) without the overall market tanking tremendously, it would require the price of CRUDE at around 13.50/barrel. This calculation could be useless, but I did it anyway.

I could be totally off, and sorry to intrude.

Seeya
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