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Strategies & Market Trends : Tech Stock Options
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To: donald sew who wrote (37205)3/24/1998 9:46:00 AM
From: Patrick Slevin  Read Replies (1) of 58727
 
Looks as if the speculative goal today, in the futures at least, is to take out the high.

If that fails in the early hour we may have a brief, sharp, ride down.

If it does not fail, much more upside.

Personally I have no idea which way I shall trade it, although I might do both. Looking for a failure at first to hit new highs then a bounce after any selloff.
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