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Strategies & Market Trends : Tech Stock Options
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To: MonsieurGonzo who wrote (30731)12/9/1997 4:42:00 PM
From: donald sew  Read Replies (1) of 58727
 
Steve,

Already indicated my absent minded error that the XOI supports were at 457-458 not 467-468. It has to be age.

The CEX had a MIDDLE DOJI during a substantial uptrend, normally indicates the interim top as you indicated

I did get into the XOI when the index was at 462 (JAN 460'S @ 16 1/4).
If it does go down further, I feel very comfortable that the support line at 467-468 will hold and I will average down so I kept today's position very small, just in case.

Seeya
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