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Strategies & Market Trends : Tech Stock Options

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To: donald sew who wrote (33990)	1/25/1998 12:57:00 AM
From: The Jedi	Read Replies (1) of 58727

Donald I did a few technicals on the OSX and compared it to some past data. I don't think the OSX is going to turn up real soon, market or no market tanking. The price of oil is an excuse. But now with 3 companies having reported that Asia could be a worry I believe it has to go through a consolidation period before it moves up. I think it will at the least reach its previous low or lower, in 3-4 weeks. If it does not then this is the begining of the consolidation (which I very much doubt). We will see. Airlines are the sector to watch. They are number one right now, and should stay for at least a few weeks. They are the proxy for oil at least for me. Kiri

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