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Strategies & Market Trends : Tech Stock Options

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To: donald sew who wrote (30673)	12/9/1997 2:13:00 PM
From: MonsieurGonzo	Read Replies (2) of 58727

Donald; RE:" XOI.X Big Oil Index..." The XOI would be considered a CLASS 1 BUY in the 467-468 range, not to say that I think it will get that low but just to establish the bottom for this cycle in my mind. ...I'm sure you meant to type, 457~458, where support was tested on the XOI.X and held for 5 sessions last week. The OEX appears to have supports at around 466-468; at least so far today. The CEX.X - S&P Chemical Index has made an apparent top on its daily candlestick chart, Donald. However, its UpTrend is still intact. -Steve

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