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Strategies & Market Trends : Tech Stock Options
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To: ViperChick Secret Agent 006.9 who wrote (35580)2/26/1998 12:21:00 PM
From: donald sew  Read Replies (2) of 58727
 
Hi there Lisa,

Looks like we should be at least slightly negative for the rest of the day, and if we close at the low the we should also be down at the open tomorrow. That was based on the double top which formed earlier this morning. Now I am waiting for LUNCHIE to give me a signal. LUNCHIE is a micro guitar analysis of lunch time trading and is not done until around 1:00-1:30.

As you know, I really do not have targets just time and direction.

Thanks for that note from that fellow who follows the wave pattern. Seems pretty extensive study.

To answer your specific question, the flatness/range trading days as we have so far are a precursor to a surge in either direction.
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