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Strategies & Market Trends : Tech Stock Options

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To: Heg Heg who wrote (31196)	12/15/1997 1:55:00 PM
From: donald sew	Read Replies (3) of 58727

INDEX UPDATE ------------------------ Just noticed a technical signal from one of my GUITAR calculations, but of course it needs confirmation. The signal is that today's lows will be the interim low for the short-term (1-5 days). As for beyond the short-term, I have not yet analyzed it today. Of the HiTech indexes, I am still staying with the IIX as I indecated over the weekend. We may even see a pop in the HiTech today, but if not it should be tomorrow. When the NAZ was down 20 points there were actual signals that it was technically breaking-down, and I had mentioned that to some who are contacting me on ICQ, but then there are now signals that the short-term interim bottom has been reached. I am not that bold to say absolutely as others do, but I will state that the probability of turn around from here is high. I am in the XOI's and OSX. Happy trading.

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