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Strategies & Market Trends : Tech Stock Options

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To: Tom Trader who wrote (31521)	12/18/1997 2:14:00 PM
From: donald sew	Read Replies (4) of 58727

Tom, My system for determining direction movement is a combination of my SHORT-TERM system and the GUITAR. It is based on an analysis of "functions of space" and not price of the index. Therefore I try to avoid talking of specific price targets, and most of the time when I do talk of targets its derived from simple chart reading. Even though the market is dow 95, I still have no more new down signals. I realise this may not be of normal thought, but I just follow my system. If I am wrong - I will admit it, so Im stuck with my original position that the lows of today will be the bottom of the dip. Hey, another 75 points down we will be at the previous bottom accross the board - would have never thought we get this low in the price today. The Dow down 108 now and just checked and still no more new down signals, just the one. Seeya

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