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Strategies & Market Trends : Tech Stock Options

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To: Tom Trader who wrote (30777)	12/10/1997 2:39:00 PM
From: donald sew	Read Replies (2) of 58727

Tom, At about 12 I indicated to some who are trading with me that the Many of the HiTech sectors are in CLASS 1 BUY territory, meaning that if it does not rebound today the buy in day will be tomorrow. NDX, XCI, SOX, DDX, MSH. Personally I would stay away from the SOX and DDX since they are so weak. One trade was on the NDX 1030 of DEC. I also bought XOI JAN 460 for 14 to average my position. The XOI and OSX still look relatively strong in light of the market being down over 100 points. Good luck

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