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Strategies & Market Trends : Tech Stock Options
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To: donald sew who wrote (36506)3/11/1998 12:45:00 AM
From: The Jedi  Read Replies (2) of 58727
 
Donald

According to the VIX indicator DJIA was in oversold range 2 days ago, and thus for 7-9 days from that we should see DJIA go higher.

It simply means that we will see a blow off in DOW to 9000 with the help of techs and NAZ before option expiry, and then probably a correction all the way down to 7800-8100 range thru April.

Kiri
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