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Strategies & Market Trends : Tech Stock Options
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To: Electric who wrote (33018)1/13/1998 12:23:00 PM
From: donald sew  Read Replies (2) of 58727
 
Hi Electric,

Sorry to interfere, but this may be of some help. The technicals based on last nite's close is already in the upper mid-range and surprisingly already close to overbought range. I calculated that about 77-78 would put it on the borderline of overbought. Keep in mind that in the overbought region a stock can still jump up. It does appear that the low 80's will put it near a CLASS 1 sell.

Seeya
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