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Strategies & Market Trends : Tech Stock Options

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To: Jerry Olson who wrote (28766)11/18/1997 3:59:00 PM
From: Muizz M. Kheraj  Read Replies (1) of 58727
 
Well...The TRIN says we are OVERSOLD which is surprising since we were OVERBOUGHT yesterday...this tells me that this market has got a lot more strength in it...and that we are going higher.

The McClellan Oscillator has also dropped over 2000 since the highs we achieved a few months ago...this tells me that we are way oversold. Now, the key is to be in the right stocks.

I like KLIC, CA, CTXS, QCOM.

Time to wait and see what happens in Japan and Hong Kong tonight!

Muizz
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