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Strategies & Market Trends : Tech Stock Options

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To: donald sew who wrote (31454)	12/18/1997 8:21:00 AM
From: donald sew	Read Replies (3) of 58727

INDEX UPDATE ------------------ As indicated in my previous note the TECHNICAL DELAYED DIP is definitely in process, and one confirmation of that is that the XOI has already retraced within one point of their recent bottom. Now the question is how many mor indexes will retrace back all the way down to the recent bottom as the XOI did. I just finished my analysis, and noticed a few slight signals indicating that the dipping process will be over today at today's low. These signals were not extremely strong but had fair strength. As I am writing this note the futures are only slightly up and the economic report is not yet out. happy trading.

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