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Strategies & Market Trends : Tech Stock Options
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To: Esteban who wrote (29724)11/28/1997 1:43:00 PM
From: Kevin  Read Replies (1) of 58727
 
>>>Did the SPZ not confirm or am I misunderstanding your system? For SPX, your breakpoint was broken early and 2 resistance levels followed. I would have expected you to sell when #2 resistance was broken after lingering. This was my take from reading your post:<<<

Hi there. We never fully made it into the zone b/t res #2 & 3, because the futures stalled .27 points below res#2.

The bull trend stayed intact all day, so I am still long my calls.
Not surprised that the market barely moved today...

See ya.
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