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Strategies & Market Trends : Tech Stock Options

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To: dennis michael patterson who wrote (58466)	7/16/1999 3:06:00 AM
From: Lee Lichterman III	Read Replies (1) of 58727

I don't think so. My system gave a buy on it a few days ago but it is too late now. I think today was just a bounce from this morning's earnings and it could retrace. Regardless, I think it will revisit the 21 area in the next month or two and could dip even lower. This market is getting tough to call again. I have a lot of mixed signals with some saying up and others saying down. If the bias stays upward, I like CSCO for a few more points. I got a over bought signal on EMC so it should slow down and possibly dip again soon. More than likely it will just slow down and back fill a little bit then shoot up again for earnings the 21st. Good Luck, Lee

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