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Strategies & Market Trends : Tech Stock Options

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To: Patrick Slevin who wrote (35165)2/18/1998 9:22:00 PM
From: j g cordes  Read Replies (2) of 58727
 
Hi Patrick, how are things here? Have been playing in some other areas for variety. Have been playing TA on actually buying and holding stocks. Its been interesting, I keep asking my broker when the stocks will expire! <g>

This run's getting a little long in the tooth. Time to "put" a few items in the trading cart.

Haven't seen Don's numbers, but I'm sure his guitar is showing overbought readings with perhaps the oil exp index being oversold and ready for a bounce.

Wayne Angel came out at the end of the day on CNBC saying he see's 12.00 per barrel oil by Sept. That's pretty low... and I have to assume means he doesn't see a major summer driving and/or industrial recovery in Asia.

Looking for most overbought candidates.. so far I've received emails on HI and MSFT... lets all make a short list. That's not a pun, but I'll take it.

Jim
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