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Strategies & Market Trends : Tech Stock Options

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To: Tom Trader who wrote (30980)	12/11/1997 3:41:00 PM
From: James H. Irwin	Read Replies (2) of 58727

I've found that due to the volatility inherenet in the stocks comprising the NDX (NASDAQ 100) is more volatile and trades within tighter bands than OEX which has much more diversification (nothing empirical here just my visual experience). I trade on TradeStation RT 4.0: I monitor 2 minute, 5 minute and daily charts on NDX as well as other stocks I traffic in on a day trading basis. The chart is currently close to an oversold RSI basis on the 2 minute trying to find support at the 1005 level which is the point it developed the right shoulder. Off line: jhirwin@earthlink.net JHI P.S. I'm bearish.

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