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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (31740)12/22/1997 12:44:00 AM
From: donald sew  Read Replies (2) of 58727
 
Lisa,

As I indicated in one of my notes this weekend, the N225 is a CLASS 1 BUY at the low of the day. As I am writing this note the N225 is 300 points off its low for the day and rising. It opened at 15280 and the low so far was 14569 and currently at 14877 and rising. If it closes around 15000-15100 it will be a HAMMER, and I do believe that many of the Japanese traders are familiar with that formation as a strong reversal signal. <<< ggggggg >>>>

As I am typing the N225 is now over 14900, lets hope it continues. However, even if the the N225 closes around 1500-15100, which is good, the media tomorrow will say that the market was down and make it sound totally bad.

Lets hope that my CLASS 1 BUY on the N225 works.

Seeya
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