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Strategies & Market Trends : Tech Stock Options

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To: kiwi who wrote (32054)	12/29/1997 1:00:00 PM
From: donald sew	Read Replies (3) of 58727

INDEX UPDATE ----------------------------- The overall market is looking good today, but there is one area of weakness which is bringing up some concern. Although the SOX is up, it is only up about 1 point when the DOW is up over 100 and the NAZ is up over 18. The weakness of the SOX may hinder the upswing in the NAZ - so will be watching carefully. As indicated previously, I am watching MSFT as a leading indicator, but please keep in mind that it will not always be a leading indicator. Per my GUITAR calculations MSFT is only a leading indicator for the immediate interim. So far this uptrend appears that it will continue (I'm not saying that it will move up as much as today), however still need to proceed with caution in light of the weakness in the SOX. Seeya

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