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Strategies & Market Trends : Tech Stock Options
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To: donald sew who wrote (31424)12/18/1997 12:12:00 AM
From: mozek  Read Replies (1) of 58727
 
Donald,
Thanks for the index updates and the sentiment. I've been trying to develop a system that would see the CLASS 1 buys you've pointed out. Right now, I'm trying to use simple candlesticks, stochastics, bollinger bands, and moving averages. I'm not seeing exactly how you pick your class one buys, but using your hints has helped me learn more about TA. Your posts without buy or sell signals are also as educational.

I purchased IIXAFs while the IIX was at 237, and sold them yesterday for a nice return. I also purchased XVIAKs when XOI was at 452 on Friday and sold them without loss or gain today. It seems to me that we might be bouncing off of the 200 ema for the IIX on the downside. Do you see support around 245?

I assume for the XOI, you mean support at 450?

Thanks,
Mike
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