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Strategies & Market Trends : Tech Stock Options

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To: Nemer who wrote (48683)	7/28/1998 12:08:00 PM
From: the options strategist	Read Replies (2) of 58727

Nemer O.K. Let me get this straight. I'm a visual person and need examples. Lets take DELL. It gapped opened 111 1/16. So I'd look for it to be bouncing off a price support. After the first 1/2 hr. DELL moves up to 112 1/2 in the first half hr. I would enter if it were 113 after the first 1/2 hour. Now in the case of DELL it would not be bouncing off a price support, right. Therefore, DELL would not be a stock to use in this strategy. am I on track. btw, does anyone know what DELL price support is?

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