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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (33885)1/23/1998 10:01:00 AM
From: Esteban  Read Replies (1) of 58727
 
Good morning Lisa,

Let's see how this alternation cycle manifests today. Good points in your last post about this. We're just feeling our way in the dark now.

As far as a starting point goes, I'm thinking of starting from the standpoint of the easiest chart to interpret. Say a strong up day. I'd expect the impulse waves to be the main thrusts for the day and the reactions to be less strong than the impulses in the opposite direction. Nothing fancy, just a typical upward trending chart. Is this what you would expect in a perfect world?

Esteban
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