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Strategies & Market Trends : Tech Stock Options

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To: donald sew who wrote (34438)	1/29/1998 2:51:00 PM
From: donald sew	Read Replies (3) of 58727

INDEX UPDATE ----------------------- Here's another technical hint of a pullback. The DOW is still near the highs up 80, but the NAZ has pullback to up 10-11 when it was up 18. It is not conclusive, but just another sign of weakening. If the DOW closes near the high today, I will be buying more puts. And it it still goes up tomorrow, I will buy more since strongly feel tomorrow will be the top, if it does not start pulling back today. As I indicated in my earlier note to watch MSFT, INTC, CSCO, TXN, since all of them got "STARS" which is a early warning signal of a reversal. Well so far MSFT and TXN just went slightly negative. Seeya

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