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Strategies & Market Trends : Tech Stock Options

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To: farouk a. hassieb who wrote (2744)6/20/1996 9:32:00 AM
From: Kent Reeves   of 58727
 
Farouk..

I've been watching NVLS for some time. It stays pretty true to a 5MA.
It did, however, give a real bad false reading in the last few days. I nearly went long on it Monday, but it hadn't moved above the 5MA cleanly, so I waited. Glad I did.

I think I'd hold off on the calls unless you can get them real cheap until it makes a reversal.

:o)
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