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Technology Stocks : Stock Swap

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To: Patrick Slevin who wrote (9507)11/8/1997 11:36:00 AM
From: Barbara Barry  Read Replies (2) of 17305
 
Patrick,
You touched on perhaps the most simplistic ,yet very accurate "tool"
to determine a trend. You need higher highs and higher lows to show an uptrend.We have not had that since September into the first part of October. This market started a pull-back before all the media coverage
of the Asian-flu. For the last three days the Dow had lower highs and lower lows. I held my oex puts over the weekend,despite the fact of the time/premium pressure, because I think this market will go lower.
BWDIK..if I was really smart...I'd be really rich! NOT! :(
Good luck,
Barbara
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