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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (33909)1/23/1998 10:25:00 AM
From: Esteban  Read Replies (2) of 58727
 
I also noticed the continuation of the price movement into the close. But yesterday's movement into the close was so wimpy that I expected a down open. If a new high was made or the last reaction wave nullified by closing price action then I'd look for continuation of the close at the open.

This 15 minute period we're in right now is supposed to be important as to whether the opening thrust will hold for the day. Combined with Donald's double top, things aren't looking too positive for the opening impulse continuation.

Esteban
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