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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (37212)3/24/1998 11:26:00 AM
From: donald sew  Read Replies (3) of 58727
 
Lisa,

Right now the NDX is on the verge of breaking out of its
HEAD & SHOULDER chart pattern so far. The key level was 1180 and now it is 1196. Also the NAZ and CWX is at its all time high. These are now technical signs that we may be breaking out again for the HiTECHERS, which should lift the overall market also.

If this pace continues it will be a CLASS SELL tomorrow, and if we continue to follow this pattern, it could just be a small intraday dip which should be taken as a buying opportunity in line with the END-OF-MONTH rally.

Lisa, are we going to 9300 by the 2nd week of APRIL???

Well, lets see if these levels hold at the close, that will also be important.

Seeya
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