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Strategies & Market Trends : Tech Stock Options

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To: space cadet who wrote (39445)	4/14/1998 8:32:00 AM
From: donald sew	Read Replies (1) of 58727

Spacey, On WFC, Im just going with what my technicals are saying and leaving the fundamentals/news/rumors out of it. You could be totally correct on how hot the sector is. Subjectively it is not the best play due to rumor momentum. Concerning the next pullback, I an not searching for the huge pullback as some are, but it may occur. My analysis is really based on trying to identify//time the weak periods where the probability of a pullback occuring is higher. As I said before, the interim top/start of weak period should be the middle of this week. I am also looking at a cycle period of 8-12 days, for now(TOP to TOP). Seeya

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