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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (35685)2/28/1998 3:56:00 AM
From: George Mc Geary   of 58727
 
Lisa, I am not by any means a TA guy. Trying to learn as we go along. I am more a fundamental person. Here are a few interesting tidbits for interpretation for the month of February.

DOW.....7900 - 8555 .....7.65%
OEX........470 - .500 .......6.00%
SPX.........990 - 1050 ......5.70%
NDX......1075 - 1295 ....16.90%
NAZ......1650 - 1770 ......6.80%
SOX........280 - .315 .....11.10%

The only thing I can gather is the action this month was in the big names. Including the big names in the Hi-Techs (or the Dell index). Until the Naz and the Spx do a little catch up we are subject to volatility and a real strong probability of taking this market down rather hard to test some old supports. JMO

Remember the Broncos won the Superbowl !!!!
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