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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (36759)3/15/1998 9:31:00 PM
From: donald sew  Read Replies (2) of 58727
 
Lisa,

Right now at 9:00 EST, the futures are down only slightly, and believe that 60 minutes is over, so I am presuming that the news was not that damaging.

Right now the S&P futures are only down .50 and the NDX down .75. Not being aware of the fair cash value presume we will be flat at the open if futures stay here.

Specifically, the short-term techincals I follow are now only borderline overbought. Since this runup started, whenever the technicals got to this level of borderline overbought, the market would move up.

Seeya
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